I Found Out My Parents Would Get My House If I Died (Unless I Did This!) - Wills & Trusts Expert - Sam Grice (Octopus Legacy)

This episode is sponsored by Octopus Legacy. 👉🏼 Write or update your will for FREE until 31st October with Octopus Legacy 🔗 https://will.octopuslegacy.com/moneygains Charities cover the cost of wills up to £150, which means simple wills are free and wills with trusts are discounted. You don't have to leave a gift to charity to claim the offer. --------- 👉🏼 Get FREE FRACTIONAL SHARES worth up £100 when you deposit £1 with Trading 212 🔗 https://www.trading212.com/join/MGP If you don't receive the free fractional shares - head to the menu and put the word 'MGP' into the promo code section. (Capital at risk when you invest) --------- Gains App is LIVE! An AI-powered budgeting and cashback app designed to help you make more of your money. Download here 👉 https://gainsapp.com/ ---------- In this episode of the Money Gains Podcast we welcome Sam Grice... Founder and CEO of Octopus Legacy... to the show. After losing his mum suddenly at 27, Sam found himself buried in the admin, decisions and family fallout that come after a death. Now he helps people sort it before it's needed. We get into what really happens to your money and your home if you die without a will, why so many families end up falling out, and Sam walks me through writing my own will live on the show. ✅ Why my partner of nearly 10 years would get nothing if I died without a will, and why my share of our home would go to my parents instead ✅ What the law actually decides if you die without a will, including the £322,000 rule for married couples ✅ Why getting married cancels your will, and what divorce does to it ✅ Why Martin Lewis says power of attorney is arguably more important than a will ✅ How to choose an executor, why you don't have to do it if you're asked, and why leaving everything to an 18-year-old can backfire ✅ How leaving 10% to charity can cut the inheritance tax rate on your estate ------ DISCLAIMER: This episode is meant for educational purposes and should not be considered financial, legal or tax advice. The rules discussed apply to England and Wales and may differ in Scotland and Northern Ireland. Always do your own research or speak to a professional about your own situation. Octopus Legacy Limited is authorised and regulated by the Financial Conduct Authority (FRN 955266). This episode description contains affiliate links - if you click on one and make a purchase we may receive a small commission. This does not alter our suggestions and there is no charge for you. Take the FREE Money Personality Quiz 👉🏼 https://upthegains.co.uk/quiz Get The FREE 10 Step Checklist That Grew My Portfolio To Over £160,000+ 👇 🔗 https://upthegains.co.uk/investing-checklist