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Money Box: Money Box Live: The Finances of Bereavement

Money Box Live

07/10/2015

Money Box Live: The Finances of Bereavement

BBC Radio 4 - Money Box, Money Box Live: The Finances of Bereavement

Lesley Curwen and guests answer questions about wills, probate and funeral costs.

The loss of a loved one can be an overwhelming time emotionally and while financial decisions may be the last thing on your mind, you might be faced with paying for funeral costs or dealing with wills, probate and inheritance tax. To help you through this difficult time, Lesley Curwen and guests will answer your questions about the financial implications of bereavement. Call 03700 100 444 between 1pm and 3.30 pm on Wednesday or email moneybox@bbc.co.uk now.

How much will a funeral cost? Adam Heath from the National Association of Funeral Directors will be here to talk you through the likely costs, from the service itself to the flowers and newspaper announcements, plus sources of financial help for those on a low income.

If you're the executor of a will you may have a question about your role in sorting out the estate of a relative or friend. When and how do you apply for probate, the legal document which gives you the authority to share out the estate? What should you do about bank accounts, debts, inheritance tax or notifying beneficiaries?

Or perhaps you want to plan your own affairs by making a will. What are the key considerations about property, investments, pensions and personal possessions? Who do you want to provide for and how can you ensure that your wishes are carried out after your death?

Gary Rycroft, Solicitor at Joseph A Jones & Co and Alan Barr, Tax Practitioner at Brodies LLP in Scotland will be here to answer your legal questions.

Whatever you need to know, presenter Lesley Curwen and guests will be waiting for your call.

Phone lines are open from 1pm to 3.30pm on Wednesday, call 03700 100 444, standard geographic call charges apply. Or email us at moneybox@bbc.co.uk now.

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