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Writing a will

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    #11
    Originally posted by d000hg View Post
    While we're talking about wills, what do I do about the fact I own a company now, which will (hopefully) have money in the bank account? My wife's company secretary for what it's worth but she would not have a clue what to do with a company and I'd want her to just get a cheque...
    That's a good question - I'm going to take this up with a solicitor soon - once I know, I'll post up my findings...

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      #12
      Originally posted by d000hg View Post
      While we're talking about wills, what do I do about the fact I own a company now, which will (hopefully) have money in the bank account? My wife's company secretary for what it's worth but she would not have a clue what to do with a company and I'd want her to just get a cheque...
      IANAL but I would think that the executor of the estate would liquidate the shares and then pay out to the beneficiaries of your estate.
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