P
pwhack
Guest
Hello all, I have followed AAM for many months but this is my first time joining in. Excellent Website by the way
I have a question about putting conditions in a Will that are never going to work.
Background:
My fiancé is named as a beneficiary in a Will. One stipulation in the Will is that each beneficiary who is receiving a Cash Sum is to receive it within 6 months of the date of death. At this stage over 19 months have passed but no beneficiary has received a cent.
Question:
My question is this, why would this solicitor, who drafted the Will, have allowed the disponer to make such a stipulation if there was no chance that it was going to be fulfilled in reality? He knew how complicated the Will was when he drafted it. What would be the point and does it have any tax implications for those who incur a CAT liability?
Thanks very much
I have a question about putting conditions in a Will that are never going to work.
Background:
My fiancé is named as a beneficiary in a Will. One stipulation in the Will is that each beneficiary who is receiving a Cash Sum is to receive it within 6 months of the date of death. At this stage over 19 months have passed but no beneficiary has received a cent.
Question:
My question is this, why would this solicitor, who drafted the Will, have allowed the disponer to make such a stipulation if there was no chance that it was going to be fulfilled in reality? He knew how complicated the Will was when he drafted it. What would be the point and does it have any tax implications for those who incur a CAT liability?
Thanks very much