Would you challenge a will? Why inheritance disputes are on the rise
This is Money Podcast
This is Money
4.1 • 650 Ratings
🗓️ 22 February 2019
⏱️ 48 minutes
🧾️ Download transcript
Summary
A will may be considered the expression of someone’s last wishes, but more of them are being challenged.
High property prices and increasingly complicated families are being blamed for the rise in disputes, but would you challenge someone’s will?
In this week’s podcast, Simon Lambert, Lee Boyce and Georgie Frost dive into why inheritance rows are more commonplace and how difficult it is to try to overturn a will.
Also this week, alongside some money-saving tips for millennials a heated debate kicks off about buying flat whites vs saving for homes at a time when house prices are sky high compared to ages.
Simon reveals his lessons from holding Lloyds shares all the way up, all the way down and then all the time that they have bumped along since the financial crisis.
And we dig into the case of a car park prang that led to countless phone calls from ambulance chasers – and how this manages to happen.
Enjoy.
Transcript
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| 0:00.0 | Welcome to This Is Money in partnership with NS&I. I'm your host Georgie Frost and alongside editor Simon Lambert |
| 0:07.5 | night today is assistant editor Lee Boyce. And coming up, would you challenge a will? More of us are doing it, |
| 0:13.7 | but is it worth the trouble? Should Simon have sold his Lloyd shares long before now, |
| 0:18.9 | or are the lessons learnt even more valuable? |
| 0:21.4 | What happens to your ISA if you move down under and how one little prang could lead to a bombardment of nuisance calls? |
| 0:28.2 | All that and plenty more coming up. Don't forget you can stay up to date with all the latest breaking money news. |
| 0:32.8 | Just go to this ismoney.co.uk or download the app. |
| 0:36.5 | This is Money brought to you in partnership with NS&I premium bonds. |
| 0:41.4 | Now you can start saving from just £25, millions of tax-free prizes every month. |
| 0:47.0 | Now as if the death of a loved one isn't tough enough. |
| 0:50.2 | Having to then deal with the will or the admin that comes with that can just, of course, add another layer of stress onto what is and already really upsetting time. |
| 0:59.6 | And that's if everything runs as it should do. |
| 1:02.6 | But what if you read the will and you don't agree with it? |
| 1:05.9 | Would you contest? |
| 1:07.2 | A new survey suggests a quarter of us would mount a legal challenge against a loved one's will if we were unhappy with it. |
| 1:14.1 | And the figures show we are actually doing that. It is on the rise. |
| 1:17.5 | So, Lee, Simon, welcome. |
| 1:20.0 | Firstly, Lee, would you ever do it? |
| 1:22.7 | Well, you think to yourself, you like to think that if if a will was written that that will was written |
| 1:28.4 | for a reason and you want to respect the wishes of whoever's written that written that will |
| 1:32.1 | it's just personal circumstances isn't it so it's very difficult for me to sit here and go |
| 1:36.7 | I definitely wouldn't contest the will but things happen really common example is that your |
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