• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Reply to: Inheritance

Collapse

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

  • You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
  • You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
  • If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

Previously on "Inheritance"

Collapse

  • Ardesco
    replied
    It's behind you!!!!

    Leave a comment:


  • BrowneIssue
    replied
    Originally posted by tim123 View Post
    "Oh no it isn't,"
    "Oh yes it is!"

    Leave a comment:


  • tim123
    replied
    Originally posted by BrowneIssue View Post


    Hurrah!

    Can we have a closing party, can we, can we? With music and cakes and songs? And can we bring our games in like on the last day of term?

    C'mon folks, let's have a "This Thread Is Closing Party!
    I was tempted to post:

    "Oh no it isn't,"

    but I thought better of it

    Oops.

    tim

    Leave a comment:


  • tim123
    replied
    Originally posted by Dante View Post
    Christ tim123 comes across as a total bell-end in both of the last two threads I've read.

    Well done tim.
    what was the other one :-(

    tim

    Leave a comment:


  • BrowneIssue
    replied
    Originally posted by texto View Post
    This thread is closed.


    Hurrah!

    Can we have a closing party, can we, can we? With music and cakes and songs? And can we bring our games in like on the last day of term?

    C'mon folks, let's have a "This Thread Is Closing Party!

    Leave a comment:


  • Dante
    replied
    Christ tim123 comes across as a total bell-end in both of the last two threads I've read.

    Well done tim.

    Leave a comment:


  • texto
    replied
    Originally posted by tim123 View Post
    Why.

    It wasn't me who asked a question, the answer to which could be found by looking in a dictionary.

    This is a board to help people with genuine, hard to find the answer, problems, not the lazy.



    I know perfectly well what the words mean, thank you

    tim
    I don't think you do. BTW may I remind you that no one gave you the job of a moderator. Go spend some time doing something useful than posting rubbish here.

    I don't want to spoil my saturday writing to arrogant idiots like you. This thread is closed.

    Leave a comment:


  • tim123
    replied
    Originally posted by texto View Post
    I suggest you learn to be humble
    Why.

    It wasn't me who asked a question, the answer to which could be found by looking in a dictionary.

    This is a board to help people with genuine, hard to find the answer, problems, not the lazy.

    Originally posted by texto View Post
    and not write in a condescending arrogant way. 'Super poster' you may be but not one that earns a lot of respect. You may want to look up the word 'arrogance' and 'respect' in the dictionary!
    I know perfectly well what the words mean, thank you

    tim

    Leave a comment:


  • texto
    replied
    Thanks all. I'll have a chat with my accountant and do a bit of digging.

    Leave a comment:


  • texto
    replied
    Originally posted by tim123 View Post
    I suggest you buy yourself a dictionary.

    tim
    I suggest you learn to be humble and not write in a condescending arrogant way. 'Super poster' you may be but not one that earns a lot of respect. You may want to look up the word 'arrogance' and 'respect' in the dictionary!

    Leave a comment:


  • phileds
    replied
    I thought only the director(s) could declare a dividend. If the sole director is dead, how can the wife then get a divi?

    Also, when would she get the shares? It took me over a year to get probate granted on a relative's estate. It can take longer.

    I also believe it causes immense hassle if there's only one signatory for your business account. Make someone you trust an additional signatory on your company accounts.

    In short - talk to your accountant.

    Leave a comment:


  • tim123
    replied
    Originally posted by texto View Post
    How? You mean by writing a will or something?
    I suggest you buy yourself a dictionary.

    tim

    Leave a comment:


  • slackbloke
    replied
    Originally posted by texto View Post
    Good Evening!

    I'm the director of my own company (100% shareholder) and wife is the scretary but she does not draw any salary or dividends. How do I ensure that funds in my company pass on to my wife in case I die? In a personal bank account, you can add a nominee but what do you guys do for a business bank account?

    TIA
    texto
    Do you have children? Have you written a will?

    Leave a comment:


  • Moscow Mule
    replied
    Your shares are an asset which will pass to your wife on your death (assuming she is the only benefactor).

    Leave a comment:


  • texto
    replied
    Originally posted by tim123 View Post
    you bequeath your shareholding to her.

    (Is the solution really not completely obvious)

    tim
    How? You mean by writing a will or something?

    Leave a comment:

Working...
X