FINALLY afterFIVE months fathers house is on market

[jeremy rundle]

My father died in November, the 12th actually, unbeknown to us he had taken out equity release almost 15 years ago, thanks, only this week after months and months of constant chasing (you need to know my tenacity) I have finally been told the place will go on the market "next week, with luck".

 

Please, if there is anyone out there who has a family make sure they leave a will.

 

I am lucky, his place is in Surrey so I inherit a fair sum anyway, but please take my advice do not allow older people to be talked into equity release.

[Denis]

Blimey, poor old Dad, probably worked hard all of his life and wanted money out of his house to live a little or get by.

My heart bleeds for you.

 

I would have given my right arm to have had my old Dad around for a few more years, he never left a penny...he never had any in the first place. I'm really sorry for my blunt reply,  but your post smacks of 'poor poor me, dad didnt leave me enough.

[FUJI]

Hi, Jeremy,

 

I can onle Echo what you say.....I was joint Executor to an estate with very clear and consise will, that turned out to be extremely complicated  and took three years to free up the property because the deceased owner ( a friend) had not purchased his maisionetteFreehold, it was bound up within a very complicated lease involving the three other owners plus the eventual purchaser.

 

Anyone thinking of taking out an Equity Release should be discouraged, the same goes for selling out to agents selling leasehold retirement apartments.

 

Yes folks.......MAKE A WILL.

 

FUJI

[annie]

There will be nought left from this pile for any of the little blighters.................too busy enjoying living as much as possible...!

[annie]

All I have left from my dad is an empty packet of Red Rizla fag papers.................left in a book he borrowed from me,a week before he died,  a book on the British Isles...and he had left it in one of my most fav places, Sennen, Cornwall....and there it stays. My sisters may all have swooped down like Vultures and got their pickings.............me, I am happy with that Red Rizla packet. That is what my dad left me and I am happy with that....!

Edited April 24, 2014 by annie

[JohnP]

My mother died the day after my 12th birthday in 1958 and my father died in 1990 and there wasn't even enough money to pay for his funeral.

[NannyFerret]

I'm with you on this one. Annie. I think your dad left you with the happy memories when he left the rizzlers in that page.

A few years after my dad died my mum sold their little two bedroomed house and moved into a council bungalow and then into a sheltered flat and had to pay rent until her money was right down.

There was enough for us four children to have a little treat. Mine was my first proper computer which my son built from parts bought with my gift from my mum.

We weren't worried about the money at all, and we were only given a week to clear the flat. This in itself was upsetting as we couldn't have mums funeral for two weeks.

Money is nothing.

I just miss my mum and dad!

Edited April 24, 2014 by NannyFerret

[annie]

My mother died the day after my 12th birthday in 1958 and my father died in 1990 and there wasn't even enough money to pay for his funeral.

How sad is that. Mine will find out how sad that is too...!

Edited April 24, 2014 by annie

[JohnP]

How sad is that. Mind mine will find out how sad that is too...!

 

I'm the only one left of my family, my sister died from polio aged 18 years in 1953, I was only 7 then. My brother took his own life in February 2006 aged 56 years.

[annie]

I'm the only one left of my family, my sister died from polio aged 18 years in 1953, I was only 7 then. My brother took his own life in February 2006 aged 56 years.

Dear god.................how blessed we are these days...

[NannyFerret]

I'm the only one left of my family, my sister died from polio aged 18 years in 1953, I was only 7 then. My brother took his own life in February 2006 aged 56 years.

It makes you realize how precious life is.

We lost a little granddaughter aged five. She would have been 14 now, but I still think of her every day.

Even though she had many problems, mentally and physically, she was very precious to us, but it was a blessing to know that she could never suffer again, and it was knowing this that got her mum, dad and everyone else through.

[annie]

I would release/sell whatever ...tomorrow, if it meant me living life a little better a little longer with a roof over my head....and to hell with anyone who thought there was gonna be something left for them....and if I was put in a paupers grave at the end, so what...It would only mean Brian and me enjoyed our last days...

Edited April 24, 2014 by annie

[JohnP]

There won't be much when I'm gone... no one to leave it to anyway.

[annie]

There won't be much when I'm gone... no one to leave it to anyway.

if you have a long lens you could leave it to me..........

[JohnP]

I'll leave a few quid to the RSPB.... that's about it...

[annie]

my kids will get some recipe books and some snaps...the bailiffs can take the rest...!

 

oh, maybe I should sort the cross stitching out...!

[JohnP]

if you have a long lens you could leave it to me..........

 

I don't have anything that's long annie... :rofl:

[annie]

I don't have anything that's long annie... :rofl:

I don't believe you....!

[Guest]

My father died in 2012 a few years before that his car was playing up and my mum told me he wouldn't buy a replacement as if he did he would have no money left to leave to his 3 children when he died. I went to may father and told him if he missed out on a new car or anything else in his life just to leave me money I would burn the money when I inherited it because he had earn't it and he should damn well spend it not save it to give to his kids. 

 

When he died my Mum sold the car and split the money between the grandchildren, I still wonder if the granchildren got it instead of the kids incase I had a bonfire

 

As for equity release, I would advise people to help their parents select a good way of doing it to ensure they get the best deal and the most possible from their assets but I would never advise anyone to tell their parents not to spend their money just so their kids can inherit it.

[Kobione]

There won't be a fortune left to our two, when we are gone, but they are both in the very fortunate position that it wouldn't make much difference anyway. In the meantime we enjoy our life and appreciate how lucky we are.

 

I might add - the wills are sorted, and very clear, and no probs. with leasing etc.

 

Carpe Diem

[FUJI]

Me being a woodworker I have had an idea buzzing around my head for some time.......

You know they say we all fall off the perch at the end?

Well!.......I am making................Perch Extensions.......by the metre, you just add a bit now and then as the end nears.

To obtain yours, just send a cheque for £575.50 to me ASAP ;-)

FUJI

[jeremy rundle]

I agree with the administrator (quote doesn't work for me don't know why), but in my case where my father wanted NO help, no one, took advice from no one, what can you do.

[NannyFerret]

There is a lot of red tape when someone dies.

My brother-in-law made a will in England, but not in Cyprus where he and my sister had an apartment, so it has taken her nearly three years travelling back and forth to finally get it sorted out.

If anything happened to her, she didn't want her three grown up children having to do it all, before they could even put it on the market.

After losing her husband after only 4 and 1/2 months of finding out that he had a bad type of cancer it was so stressfull for her.

Edited April 25, 2014 by NannyFerret

[ChrisLumix]

My dad was very canny on these matters. A few years before he died, he took advice and set up a trust fund. My mum lives in the family home now as a lifelong tenant (no rent), which means when she goes there won't be inheritance tax to pay. Personally I don't care - I'm just glad she's still with us. She lost her own mum when she was 4, so the person I knew as Granny as a kid was Grandad's second wife. (I'll attach a picture of the 'granny I never knew').

 

Playing with my mum:

 

[Leon]

My dad died the night Man U won in europe tink it was 7-1 or 8-0 can't remember, was 8 years ago I think. after many years struggling after a massive stroke his death was actually a relief to me and my brother

 

we inherited, toy cars, Collectors coins and many photographs of his army life and not much else, the cost of the funeral eventually made y brother and I fall out.

 

so having inheritance coming no matter how long it takes is a bonus... hope you enjoy it when it comes

 

I will be making sure whatever I have gets shared out equally between my 3 kids, hopefully in many many years to come