ArticleCoop.com homepage.
Follow Us On Twitter
Translate Page To Irish Translate Page To German Translate Page To Spanish Translate Page To French
Translate Page To Italian Translate Page To Japanese Translate Page To Korean Translate Page To Portugese Translate Page To Chinese
  Number Of Times Read: 8      
Categories

Accessories (1677)
Advice (2173)
Aging (363)
Arts (10179)
Arts and Crafts (985)
Automotive (8073)
Break-up (248)
Business (82687)
Business Management (1445)
Cancer Survival (400)
Career (511)
Cars and Trucks (5518)
CGI (7)
Cheating (259)
Coding Sites (185)
Computers (18883)
Computers and Technology (9285)
Cooking (2348)
Crafts (748)
Culture (280)
Current Affairs (1079)
Databases (79)
Death (60)
Education (12182)
Entertainment (14637)
Etiquette (21)
Family Concerns (2440)
Film (89)
Finances (29997)
Food and Drinks (5694)
Gardening (2547)
Healthy Living (44371)
Holidays (1016)
Home (15001)
Home Management (1923)
Internet (43922)
Jobs (1171)
Leadership (107)
Legal (1390)
Medical (2162)
Medical Business (196)
Medicines and Remedies (2017)
Men Only (3149)
Motorcyles (166)
Opinions (47)
Our Pets (5174)
Outdoors (1850)
Parenting (1033)
Pets (596)
Recreation (1239)
Relationships (12005)
Religion (2142)
Science (396)
Self Help (1173)
Self Improvement (4898)
Society (920)
Sports (9717)
Staying Fit (13126)
Technology (8100)
Travel (11107)
Web Design (2104)
Weddings (1249)
Wellness, Fitness and Di (5748)
Women Only (8257)
Womens Interest (1465)
World Affairs (47)
Writing (2295)
 
Stats
Total Articles: 7
Total Authors: 103724
Total Downloads: 6552117


Newest Member
Georgiana Serrano

 


   

A Lot of Space is Needed to Meet the Legal Requirement to Store Wills for Twelve Years After Death



[Valid RSS feed]  Category Rss Feed - http://www.articlecoop.com/rss.php?rss=24

[Valid RSS feed]  Alison Withers's Author Feed - http://www.articlecoop.com/author-rss-feed.php?rss=4127
By : Alison Withers    4 or more times read
Submitted 2010-08-24 07:26:07

Copyright (c) 2010 Alison Withers

Bequests in wills over the centuries are a fascinating insight into history as well as the curious variety of human life as these examples illustrate.

Economist Jeremy Bentham left a large fortune to the University College in London on condition that his preserved corpse annually "attends" the board of directors' meetings. For many years he was recorded as "present but not voting."

Playwright George Bernard Shaw bequeathed millions to whomever could come up with a better alphabet, which he believed should contain at least 40 letters.

Ruth Lilly, an amateur poet and billionaire in the US, bequeathed $100 million to an ailing poetry magazine that repeatedly rejected her work.

The will of British singer Dusty springfield left money for a lifetime supply of her cat Nicholas' favourite meal - imported baby food.

William Shakespeare bequeathed his "second best bed with the furniture" to his wife.

In 1862, a man called Henry Budd left £200,000 in a trust for his two sons on the condition that neither grew a moustache

An unknown woman gave £100,000 to a pot plant, because "it was the only thing that listened to her".

But the serious point is that we only know all this because copies of the wills were carefully stored to ensure the instructions they contained could be carried out as the person wanted.

Legally documents must be kept for 12 years after the testator's death and storage somewhere fire and flood proof. While many people store them at home statistics show that a home risks being burgled twice in your life, and there's a one in six chance of a house fire which may incinerate the contents of "fireproof" boxes.

It's also estimated that more than one third of all wills are never found - often being deliberately "lost" by relatives or their partners, who find them and dislike the contents!

For professional will writers that can add up to a lot of paper needing to be stored and the obvious option is to use a self storage facility, where the security conditions are good and there is 24-hour access to the documents.

Most will provide the testator and their executors with certificates of storage so everyone knows where they are kept and how to obtain them when the need arises.

Access is important because family and personal circumstances can change and a will therefore needs amending or adding to.

But a Will can be invalidated by a number of things, including a tear or some sort of damage.

Secure storage in an appropriate environment will also take care of that. Generally people prefer the documents to be stored locally so a secure, self storage facility are ideal if quick access to a will is needed.

Self storage is also a good way for will writing companies to cut down on what is effectively dead, but expensive office space. Add to that the cost of ensuring conditions are fire and waterproof and the insurance and overheads on the business can quickly mount up.

Flexible document storage will take care of all that and allow for systematic, properly labelled storage on either racks or in containers - something that the facility's local staff can advise on. Some will also keep a secure duplicate record at their premises of the documents stored, which can be another useful safeguard.

All in all secure document self storage in a proper facility can cut down on business overheads and provide business and clients with peace of mind as well as easy access whenever the need arises.

Author Resource: Journalist Ali Withers asks where historians would be without the wealth of written documents that give an insight into live in previous centuries. Among such useful documents are Wills. Legally Wills must be kept for 12 years after death. Local secure self-storage units in Suffolk, UK, could provide an affordable answer.
Article From ArticleCoop

Related Articles

HTML Ready Article. Click on the "Copy" button to copy into your clipboard.




Firefox users please select/copy/paste as usual
Rate This Article
Vote to see the results!

Do you like this article?
  • Yes.
  • Not Sure.
  • No.


New Members
select
Sign up
select
Learn More
 
Nav Menu
Home
Login
Submit Articles
Submission Guidelines
Top Articles
Link Directory
About Us
Contact Us
Privacy Policy
RSS Feeds

Actions
Print This Article
Add To Favorites

 
Sponsors

Frederick's of Hollywood, Inc.

An amazing website builder. Amazingly free.

 


Copyright © 2009 - ArticleCoop.com
All Rights Reserved.

Powered By:Article Friendly