Doing a Will
nellyt
23rd September 2008, 03:55 PM
Difficult subject to search for, "will", so this may of been discussed before.
We've been here 15months, soon to have a property here, property rented in UK.
No will in UK, No will in NZ. DINKY
Before trawling the web or putting myself at the mercy of a solicitor are there any words of advice/pitfalls etc re wills. or links to previous discussions/other sites.....
Will a kiwi will cover our UK assets.
Should we have a UK one and NZ one (can you).
Any idea of tax implications?
Anything you should consider when doing a NZ one.
Are wills completely separate to family trusts or are they closely linked and must be considered together.
......
CityBlue
23rd September 2008, 05:20 PM
Good question - I wondered this too
Milliemoo
23rd September 2008, 05:28 PM
ditto
Milliemoo
AndyR
23rd September 2008, 05:29 PM
No one will want to be on my Will as I'll only have debts to leave them haha
marcia
23rd September 2008, 05:46 PM
Probably best to go to a solicitor, for up to date and professional advice - difficult for anyone to answer as every case is different!
Mickstim
23rd September 2008, 06:26 PM
We made a NZ will with no problems. Our solicitor told us that a UK will does not cover NZ assets and for the money we still have in the UK there will be quite a performance clearing it all if we both peg it. We have given her the name & address of our solicitor in the UK so she has someone she can contact in the event. According to her once you have made a will in NZ then that is your 'final will and testament' and replaces all others. It cost us around $250 and then another $200 or so to set up power of attorney.
Bx
B
Tia Maria
23rd September 2008, 06:30 PM
This is the site NZIS recommends for making wills.
www.publictrust.co.nz/
Don't get too excited but apparently September is Wills Month! :D
Cheers
Tia
Milliemoo
23rd September 2008, 07:19 PM
This is the site NZIS recommends for making wills.
www.publictrust.co.nz/ (http://www.publictrust.co.nz/)
Don't get too excited but apparently September is Wills Month! :D
Cheers
Tia
I'd had a look at that sight, but ended up more confused than before I started :o
Milliemoo
Nick88
24th September 2008, 10:58 AM
If you buy a property here you will be using a solicitor for the conveyancing, presumably. They will often do a will for a small fee if you are making use of their other services, if you do it all at once.
Having things like bank accounts in joint names rather than separate can make probate much easier and quicker, too.
