Discussion in 'Legal Issues' started by Terry_w, 30th Nov, 2014.
Children and grandchildren (assuming I have them)
You could bequest everything to Datto
I've instructed someone to buy land and make a refuge for abused, neglected and unwanted animals.
What do we then do with Parliament House?
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....
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.
I'm taking all my cash and assets with me, you just never know I might need it to pay my way in!
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..
They only take visa at the pearly gates, with a .75 % surcharge. Yeah things are tough everywhere lol.
I'm a cash man. I'm sure saint Peter likes green ones. Might even do a cashie
Just don't get caught lol or you could burn lol
Wife then kids. If we're all killed simultaneously in a freak gasoline fight accident, then my niece.
In the safe?
Will leave it all to (future) children. It is at least 50% or more of the motivation to keep growing
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.
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.
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.
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.
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
Sorry...nothing will be left to charity....I do that while I'm still alive.
Family always comes first.
Separate names with a comma.