Wills---------last will and testament

[Odie]

I am making a new will.

when you say that someone can have monies from your bank account, do you have to say what the account numbers are?

or just state the Banks name and phone number?

and if the second one is correct.....will the bank be upfront and honest if you have more than one account?


thanks!

[CARLA]

To my knowledge you have to be very exact with the banking information because if your not it goes into probate and the state takes years to figure it out.

I have a living will and have my cremation already paid for. If anything changes I go back and make the updates and then have it notarized and signed again by witnesses.

If you doing this on you own there are sites on the internet that can walk you through it. Or for a small fee you can fill it out online and print it. Either way the devil is in the details.

[minks]

name address phone number of your financial institute and account numbers are a must.

This only helps speed the process when it comes time to deal with your accounts.

[along-for-the-ride]

Try this link, Odie, for more information.

Making a Will | The online guide to making a will

[Odie]

Originally Posted by minks

name address phone number of your financial institute and account numbers are a must.

This only helps speed the process when it comes time to deal with your accounts.

thanks, as I added all bank account numbers......just in case.

[Odie]

Originally Posted by along-for-the-ride

Try this link, Odie, for more information.

Making a Will | The online guide to making a will

thanks!

hmmmmmmmm now that's strange......never mentioned bank account numbers.

[chonsigirl]

It wouldn't hurt to mention them, Odie.

I wrote out my will last year, it was a hard thing to do. Not the stuff to put in, just doing it.

[Odie]

Originally Posted by chonsigirl

It wouldn't hurt to mention them, Odie.

I wrote out my will last year, it was a hard thing to do. Not the stuff to put in, just doing it.

I did write them in.....just in case.



guess doing mine was easy....as I had done one with my first husband, second husband...and now this one.



sorry it was hard on you.

[Victoria]

Yeah be careful and very precise in how you word stuff.
After funeral expenses. My brother left his entire estate to his daughter to be held in trust until she was 21 the trustees to be my mother and other brother.

What he did not realise was an insurence via his work (in service policy?) did not count as estate.
So my mum has no say in the matter and his ex is now in charge of the money. She has said she will put it in an account for my niece but has already been on holiday to Spain has had her garden re-done, bought my niece a puppy and is planning a trip to Kenya for a safari holiday...

43,000 pounds and its shrinking rapidly....21? I doubt there wil be any left by the end of the year at this rate.

[gmc]

Originally Posted by Odie

I am making a new will.

when you say that someone can have monies from your bank account, do you have to say what the account numbers are?

or just state the Banks name and phone number?

and if the second one is correct.....will the bank be upfront and honest if you have more than one account?


thanks!

Why not use a lawyer. Don't know about canada but if you write your own will in the UK it still has to go to the probate court to be accepted as legal-it's cheaper, easier and less likely to cause problems to get a lawyer involved from the beginning because you will have to get one involved whether you like it or not. It's a specialist field make sure you et one that knows what he or she is doing. See about putting any life assurance policies in trust as well.

You have to be specific about the bank- state all current and future bank accounts otherwise of you open a new one and forget to alter the will the money gets lost. There are milllions in bank accounts that the owners have forgotten about-same with savings policies that people pay for a while and then stop and forget about -legacy policies that the insurance companies here are keen to get their hands on and the chancellor is for raiding them as well. In the UK and maybe Canada as well (I don't know) any unclaimed assets belong to the crown-and I do mean the queen