Who will you leave it all to?

Discussion in 'Legal Issues' started by Terry_w, 30th Nov, 2014.

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Who will you leave the majority of your assets to?

Poll closed 22nd Jul, 2016.
  1. To my spouse

    43 vote(s)
    40.6%
  2. to my kids

    23 vote(s)
    21.7%
  3. to other family members

    4 vote(s)
    3.8%
  4. To a testamentary trust my spouse controls

    3 vote(s)
    2.8%
  5. To a testamentary trust for each kid

    5 vote(s)
    4.7%
  6. Charity

    3 vote(s)
    2.8%
  7. I don't have a will or a plan

    17 vote(s)
    16.0%
  8. Other - Please explain

    8 vote(s)
    7.5%
  1. property_girl

    property_girl Banned

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    Children and grandchildren (assuming I have them)
     
  2. datto

    datto Member

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    You could bequest everything to Datto :D
     
  3. nomadic

    nomadic Member

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    I've instructed someone to buy land and make a refuge for abused, neglected and unwanted animals.
     
  4. datto

    datto Member

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    What do we then do with Parliament House?
     
  5. willair

    willair xx

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    I just have a simple letter in the safe which says "When-I'm -Dead" everything is inside the letter,the Accountants Name,who has the
    enduring power of attorney,all accounts equities holdings,deeds everything is inside the letter to make that time as easy as possible ..

    And right at the end of the letter is just something to the unknown,if there is something on the other side I will come back and let them know in a way we have already set-up,and I know a few people that have said the same thing,they would come back to say hello,but no one has ever from experience left a note in the bathroom sink yet,maybe i'll be the first one..:)..
     
  6. Terry_w

    Terry_w Member

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    Did you know powers of attorney cease to operate once your dead?

    Don't forget to arrange for access to financial and other documents which are stored on a cloud and/or password protected.
     
  7. Hodge

    Hodge Member

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    I'm taking all my cash and assets with me, you just never know I might need it to pay my way in! :D
     
  8. willair

    willair xx

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    Thanks for that Terry,most of the paper work is stored in the safe so that will not be a problem I hope,, all the deeds are still with the bank ,everything else is in last year tax return inside the safe ,,just trying to get my head around the the power of attorney,but I will look into that in the morning,iv'e seen it a few time lately where when one pass away the mess they leave behind,bank accounts are frozen very quickly and some people never even had savings so everyone had to chip in to pay for the burial service..imho..

    still trying to work out where I hid the safe keys and combos..
     
  9. datto

    datto Member

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    They only take visa at the pearly gates, with a .75 % surcharge. Yeah things are tough everywhere lol.
     
  10. Hodge

    Hodge Member

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    I'm a cash man. I'm sure saint Peter likes green ones. Might even do a cashie :D
     
  11. datto

    datto Member

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    Just don't get caught lol or you could burn lol
     
  12. Jaggannath

    Jaggannath Member

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    Wife then kids. If we're all killed simultaneously in a freak gasoline fight accident, then my niece.
     
  13. Terry_w

    Terry_w Member

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    In the safe?
     
  14. antistar

    antistar Member

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    Will leave it all to (future) children. It is at least 50% or more of the motivation to keep growing
     
  15. Television

    Television Schemin' and dreamin'

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    Haha you're on fire this thread.

    Atm I'd probably split it 3 ways, Mum, Dad, Sis.

    By the time I've got any appreciable assets, probably wife and kids and a bit of charity.
     
  16. Angel

    Angel Member

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    Given the state of the Qld economy these past few years, there probably wont be anything left for the kids other than a beat up old car and a smelly worn out caravan.
     
  17. EN710

    EN710 Member

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    I have no will (yet).

    Though hubby is beneficiary for Super. If I have will, it will be mostly for him, some for parents and some for my 2 siblings. If he proceeds me :( will be parents, 2 siblings, little amount for best friends and probably charity for Assistance Dogs.
     
  18. jkat

    jkat Member

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    Currently I would leave it to my spouse -- we don't have a will set up (yet) so it would automatically go to him.

    In the future when we have kids, it would still go to my spouse until the kids are older. Once we have kids we are going to sit down and do up a will and think about what the best way is to pass things to them.

    Depending on how much we have to pass on -- I would also like to donate to social welfare causes - child abuse, animal welfare, asylum seekers.
     
  19. Scott No Mates

    Scott No Mates ...and people wonder why?

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    I hear that there are a few pollies down in their luck in NSW so I think we could bequeath some of it to the Obeids, Macdonald, Bazza etc
     
  20. kathryn d

    kathryn d Member

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    Sorry...nothing will be left to charity....I do that while I'm still alive.

    Family always comes first.