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Money Box

Money Box Live: Bereavement Finances

Money Box

BBC

Business

4.2825 Ratings

🗓️ 11 January 2023

⏱️ 29 minutes

🧾️ Download transcript

Summary

At some point in our lives, we all experience the death of family, friends or partners, and it is never easy. It's made worse - by what can feel like an uncaring and unnecessarily complex bureaucracy which can make dealing with your family finances difficult, draining and confusing. In this podcast, we hear the experiences of some who have gone through these problems and we look at strategies to help.

On the expert panel are, Nick Hill, Senior Advice Manager at Money and Pensions Service, and Melinda Giles, Council Member for Private Client Solicitors at The Law Society.

Presenter: Adam Shaw Producer: Amber Mehmood Editor: Jess Quayle

(First broadcast 3pm Wednesday 14th December, 2022)

Transcript

Click on a timestamp to play from that location

0:00.0

On a winter's night in 1974, a crime took place that would obsess the nation.

0:07.0

It was an extraordinary news story.

0:09.0

The story of an aristocrat, Lord Lucan, who's said to have killed the family Nanny,

0:14.0

mistaking her for his wife, then somehow just disappeared.

0:18.0

One of the great mysteries in English criminal history. We're still looking for

0:21.7

Lucan. It's honestly one of the most powerful stories of my lifetime. I'm Alex Fontunzelman. This is

0:27.8

the Lucan Obsession. Listen on BBC Sounds. BBC Sounds, music, radio, podcasts. Hello, welcome to this podcast of Moneybox Live.

0:40.4

At some point in our lives, we all experience the death of family, friends or partners,

0:45.6

and of course it's never easy.

0:47.1

It's made worse by what can feel like an uncaring, an unnecessary complex bureaucracy

0:52.1

which can make dealing with your family finances difficult, draining and confusing.

0:58.6

Well, in this podcast we'll be hearing the experiences of some who've gone through these problems

1:03.0

and will be looking at some of the strategies to help.

1:06.8

And we're joined by Nick Hill, Senior Advice Manager at the Money and Pension Service,

1:11.1

and Melinda Giles, member of the Law Society's Wills and Equity Committee,

1:15.7

and they'll be helping us with some of the issues brought up by Moneybox listeners.

1:20.6

But first, Agarter's husband, Robin, died just a few weeks ago due to prostate cancer,

1:27.2

so naturally she still feels very raw about her loss.

1:31.5

But she isn't just dealing with the emotional hole left by the loss of her partner.

1:36.1

She also feels she's been thrown into a confusing maze of financial administration.

1:42.3

Agarthe listened to our weekend Moneybox program

1:44.7

when we raised the issue of bereavement

...

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