Retiring to france with narrowboat

[magnetman]

46 minutes ago, agg221 said:

 

 

One situation to consider as an example of where something might already happen. If you were to die tomorrow, having children who are not adults, would you wish them to have all your estate right now, or would you wish someone to look after it for them until they are, say, 18? If you would like someone to look after it for them, who would that be? Are you sure that, in the absence of a will, the default position will not be that a solicitor gets involved, and potentially ends up holding it in trust? Who specifically knows which of the above options you would like, or are you not too fussed either way? It's this kind of thing that a will can help with.

 

Alec

Fair point. I assume if I die while they are minors the Woman will be trusted with dealing with assets. 

 

She is the 3rd greatest person in the world so thats no problem. 

 

My personal circumstances are really very simple. There are no family hairlooms These went in the River or the fire already. 

[agg221]

7 minutes ago, magnetman said:

Fair point. I assume if I die while they are minors the Woman will be trusted with dealing with assets. 

That's the kind of thing I would want to check. If you specify that it is her in a will, it would be. If you don't, and you are not legally connected to her (e.g. marriage) then it may not be, and since your children are minors, you might find that a solicitor is automatically appointed...

 

8 minutes ago, magnetman said:

There are no family hairlooms These went in the River or the fire already. 

But who gets which set of Felcos?

 

Alec

[magnetman]

Oh yes. And the axes. And the lovely little chainsaw. Bow saws. The forged iron ditch spade. The list is endlass. Chrome windlasses ! 

Oh my god I will have to write a Will and itemise all this. 

 

 

 

Or dump it all on eBay ! 

Edited January 11 by magnetman

[Ronaldo47]

All the above assumes that English law applies.

 

In the case of my late brother-in-law, although he had been resident in France for some 30 years, and owned a house there, he also owned a house in London that was rented out, and to which he had ulitmately intended to return. The first thing that had to be decided was whether French or English law applied. Although he had intended to return to the UK, he had taken no definite steps to do do, and both the French notaire and his English solicitor who had been overseeing his affairs in England before his death, agreed that French law applied.

 

He had been advised to make an English will in respect of his UK based assets, and a French one for his French assets, but as he had completed neither at his death, his estate was dealt with under the respective countries' intestacy laws: in his case, the French notaire wasn't interested in how his UK assets were disposed of, but things could be different for others with different circumstances.

 

The legal basis for determining  country of domicile is somewhat complex, and legal advice should be sought if long-term domicile in France is contemplated.

[ditchcrawler]

3 hours ago, magnetman said:

No that will be fine as my only direct relatives are two children who insha'allah will become adults.

 

There is nobody else legally connected to me now or in the future. 

 

I realise if one becomes entangled with others it complicates matters but that will not happen.

 

 

 

 

So long as no one turns up calming to be an until then unknowen   magnet 

[David Mack]

8 hours ago, ditchcrawler said:

So long as no one turns up calming to be an until then unknowen   magnet 

That might be anything but calming!

[BilgePump]

16 hours ago, ditchcrawler said:

So long as no one turns up calming to be an until then unknowen   magnet 

The other day a friend in his  60s said that he had x kids with his wife and y 'door kids'. Other mate and self were a bit puzzled, imagining that they were either babes left in baskets with the morning milk bottles or adults showing up on the doorstep years later. No, it turned out that they were his kids from dalliances in the pre-marriage years when he worked the club doors as security.