ChatterBank2 mins ago
Wills
5 Answers
As it's been some years since I wrote my will, things have changed.. deaths and babies etc.
Were a very small family but the main beneficiary spends money like its going out of fashion.
Can I stipulate at least a % of the inheritance is used as a good deposit on a property ? How would this work, who could hold the cash back until such time its needed.
If not I can see it all being thrown away on holidays and hobbies and ending up with nothing.
Odd request maybe but it's been going round and round in my head for couple of years..
Were a very small family but the main beneficiary spends money like its going out of fashion.
Can I stipulate at least a % of the inheritance is used as a good deposit on a property ? How would this work, who could hold the cash back until such time its needed.
If not I can see it all being thrown away on holidays and hobbies and ending up with nothing.
Odd request maybe but it's been going round and round in my head for couple of years..
Answers
See here: https://www.legalandgeneral.com/life-cover/over-50s/news-and-articles/planning-for-later-life/conditional-gifting/
22:04 Mon 18th Oct 2021