Considering-- - SV650.org

02-02-11, 12:52 PM

The dangers of motorbiking how many people on here have actually made a will? I know we may consider ourselves invincible but I am dealing with an intestate situation at the moment and there is so much responsibility it is scary. Sure,it may not be so important for the younger members who are still under the wings of parents but what about the house owners with insurances and mortgages,kids and partners etc.If you haven't my advice would be sort it out as the executor at least knows what he should be doing.

02-02-11, 12:57 PM

I've got one.

It was my accident in 2008 made me think more carefully about things and also look closer at my own riding too.

02-02-11, 12:58 PM

Had the financial advisor round on monday waggin his finger to the same tune.
Once mini owenski is here it'll be a priority task.

02-02-11, 12:59 PM

No i havent yet, keep meaning too. Its one of those thing on my list to do. Thanks for the reminder

02-02-11, 01:03 PM

Quote:

Originally Posted by robh539

No i havent yet, keep meaning too. Its one of those thing on my list to do. Thanks for the reminder

Things to do list:-

1. Buy dirtbike.
2. Write will.

I can see where this is going...

02-02-11, 01:06 PM

Ive always seen wills as tempting fate, also, people id include now, i might not like when i die so constantly have to amend it depending on my mood

02-02-11, 01:14 PM

Quote:

Originally Posted by specialone

Ive always seen wills as tempting fate, also, people id include now, i might not like when i die so constantly have to amend it depending on my mood

Solution, sign it all over to me - in return you purchase a "yes man" any post you make on the org with requires agreement, im your guy.

Orrrrrrr as a big FU to everyone sign it over to the last possible thing you could imagine eg a gold fish or something.

02-02-11, 01:34 PM

...and keep it up to date, as circumstances change.

And get it done properly!!!! It's not expensive to get a solicitor - not a will writing company - to do it for you. Did I tell you the true story about the bloke who had 2 sisters and wanted to leave most of his estate to his girlfriend? He bought 3 DIY will forms from WHSmith and used one for each gift, which were two minor gifts to each sis, and his house to the girlfriend.

The problem was that each will form contained a standard pre-printed revocation clause of earlier wills. It was impossible to show which will was executed last.

So on the face of it the wills were void, leaving an intestacy, and the two sisters entitled under the Intestacy Rules.

Did the evil sisters win?

No, they didn't. The judge took a purposive approach and upheld the validity of the gifts in each will.

But that took a trip to the High Court, you're looking at £40K of costs.

So get it done properly by someone qualified to do it.

timwilky · 02-02-11, 01:39 PM

Did it 20 years ago. I know I need to upgrade it as I need to change an executor, otherwise it still stands. e.g. the wife will be merrier than the merry widow.

02-02-11, 01:46 PM

I've got one. Everyone thinks they don't need one. I'm 28: I am currently processing my late wife's estate. It is about 100 times easier/cheaper than what my (recently deceased) best friend's wife is going through. He didn't think you needed a will, despite me nudging him about it a couple of times. The resultant mess is more stress at a time when your nearest and dearest are least capable of dealing with it. Not getting one is downright selfish, IMO.

Do not put it off: If you have a motorbike, you have both an asset and a higher than average chance of dying.

02-02-11, 12:52 PM	#1
Dicky Ticker Guest Posts: n/a	Considering-- The dangers of motorbiking how many people on here have actually made a will? I know we may consider ourselves invincible but I am dealing with an intestate situation at the moment and there is so much responsibility it is scary. Sure,it may not be so important for the younger members who are still under the wings of parents but what about the house owners with insurances and mortgages,kids and partners etc.If you haven't my advice would be sort it out as the executor at least knows what he should be doing.

02-02-11, 12:57 PM	#2
speedplay Guest Posts: n/a	Re: Considering-- I've got one. It was my accident in 2008 made me think more carefully about things and also look closer at my own riding too.

02-02-11, 12:58 PM	#3
Owenski Guest Posts: n/a	Re: Considering-- Had the financial advisor round on monday waggin his finger to the same tune. Once mini owenski is here it'll be a priority task.

02-02-11, 12:59 PM	#4
robh539 Guest Posts: n/a	Re: Considering-- No i havent yet, keep meaning too. Its one of those thing on my list to do. Thanks for the reminder

02-02-11, 01:06 PM	#6
Specialone Guest Posts: n/a	Re: Considering-- Ive always seen wills as tempting fate, also, people id include now, i might not like when i die so constantly have to amend it depending on my mood

02-02-11, 01:34 PM	#8
Ed Guest Posts: n/a	Re: Considering-- ...and keep it up to date, as circumstances change. And get it done properly!!!! It's not expensive to get a solicitor - not a will writing company - to do it for you. Did I tell you the true story about the bloke who had 2 sisters and wanted to leave most of his estate to his girlfriend? He bought 3 DIY will forms from WHSmith and used one for each gift, which were two minor gifts to each sis, and his house to the girlfriend. The problem was that each will form contained a standard pre-printed revocation clause of earlier wills. It was impossible to show which will was executed last. So on the face of it the wills were void, leaving an intestacy, and the two sisters entitled under the Intestacy Rules. Did the evil sisters win? No, they didn't. The judge took a purposive approach and upheld the validity of the gifts in each will. But that took a trip to the High Court, you're looking at £40K of costs. So get it done properly by someone qualified to do it.

02-02-11, 01:39 PM	#9
timwilky Member Mega Poster Join Date: Mar 2004 Location: Not in Yorkshire. (Thank God) Posts: 4,116	Re: Considering-- Did it 20 years ago. I know I need to upgrade it as I need to change an executor, otherwise it still stands. e.g. the wife will be merrier than the merry widow. __________________ Not Grumpy, opinionated.

02-02-11, 01:46 PM	#10
Ceri JC Guest Posts: n/a	Re: Considering-- I've got one. Everyone thinks they don't need one. I'm 28: I am currently processing my late wife's estate. It is about 100 times easier/cheaper than what my (recently deceased) best friend's wife is going through. He didn't think you needed a will, despite me nudging him about it a couple of times. The resultant mess is more stress at a time when your nearest and dearest are least capable of dealing with it. Not getting one is downright selfish, IMO. Do not put it off: If you have a motorbike, you have both an asset and a higher than average chance of dying.