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88sins wrote:In Whitlock v Moree, that decision was,arrived at for an entirely different circumstance, that's of somewhere between nil and zero relevance to this scenario.
Essentially, their decision was that the clause was generated by the bank with no input from the account holders for the purpose of facilitating management of the account by the bank in the event of the death of one of the account holders, and not to dispell ambiguity regarding whether or not there was a question of the entitlement to the funds as part of the estate of the deceased.
88sins wrote:pugboy wrote:plenty woman would not be happy about this thread
Some won't be happy, but methinks that just as many would. These things apply to everyone, not just men, and women can use these things to safeguard and provide for their children as well.
Quick tip for property owners.
When preparing your will, if you have grandchildren, did you know that you can put it in place so that at the time of your demise your kids can inherit your property, but cannot dispose of it and it must be passed to your grandchildren?
Also, you can leave your surviving spouse what's known as a life interest in your residential home. This allows so that if you the legal property owner die and are survived by your spouse and children, you can leave the property for whomsoever you choose, but your spouse will have the right to occupy that property for the rest of their life unhindered.
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