GUILTY UK - Helen Bailey, 51, Royston, 11 April 2016 #3

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  • #1,061

“She recognised that because she was not married he would not benefit.



that's not true - you can give your estate to whomever you want

Yes but it needs to be in a will. If she died and had no will providing for him unmarried he would be due nothing.


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  • #1,062

“She recognised that because she was not married he would not benefit.



that's not true - you can give your estate to whomever you want
Is this before the will change? He wouldn't benefit as she was leaving it to JB, JW and stepson.
 
  • #1,063
What I now don't get is that he had a decent income and reasonable savings. Why did he need all of it? I think he must have grown to hate her as well or something... there's more to this than only money... surely


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  • #1,064
What I now don't get is that he had a decent income and reasonable savings. Why did he need all of it? I think he must have grown to hate her as well or something... there's more to this than only money... surely


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I have long suspected that resentment was the leading factor with the money being a VERY nice bonus...


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  • #1,065
"In the new draft to her will, Ms Bailey inserted a statement declaring she was expecting to marry Ian Stewart and that the will would not be revoked if she married him, and would remain effective even if she died before marrying him."
 
  • #1,066

“She recognised that because she was not married he would not benefit.



that's not true - you can give your estate to whomever you want

I think the situation is if she'd died unmarried and on the 2012 will. The 2012 will would have been superseded by marriage if I'm right?

ETA - see that many others have made the same point!
 
  • #1,067
For a woman her age and not seriously ill, that strikes me as remarkably careful in its inclusion of IS.
 
  • #1,068
New draft said will would not be revoked "even if Ms Bailey died before marrying Stewart"

In the new draft to her will, Ms Bailey inserted a statement declaring she was expecting to marry Ian Stewart and that the will would not be revoked if she married him, and would remain effective even if she died before marrying him

“That is not a standard provision.” said Ms King-Jones.

Ms King-Jones said the draft will she helped create “was intended to be an interim will, to give [Ms Bailey] peace of mind that there was something in place and that she could work on it.”

http://www.cambridge-news.co.uk/news/local-news/helen-bailey-murder-trial-week-12531416
 
  • #1,069
Yes, it would (I mean the 2012 will would have been cancelled by marriage.).
 
  • #1,070
Stewart granted power of attorney

Ms King-Jones discussed two versions of granting powers of attorney with Ms Bailey.

She said: “Power of attorney is a document that can be put in place appointing someone to step into your shoes, so if you were poorly... then that person could step into your shoes to sign things.

“There was a lasting power of attorney -property and affairs, that relates to property money, shares assets and then there is a lasting power of attorney - health and welfare.”

Documents were registered with the office of the public guardian on March 6, 2015, and Ms Bailey was notified.

Ms King-Jones confirms that Stewart was the individual being granted power of attorney. She says: “The last power of attorney -property and affairs, the appointment of the attorney was Ian Stewart but if he was unable to act then there was a replacement, but that power of attorney wasn’t limited to mental incapacity.”

John Bailey, Ms Bailey’s brother was Mr Stewart’s replacement.

Power of attorney was registered and effective by April 10, 2015. Ms Bailey’s updated will was signed July 25, 2014.


http://www.cambridge-news.co.uk/news/local-news/helen-bailey-murder-trial-week-12531416
 
  • #1,071
For a woman her age and not seriously ill, that strikes me as remarkably careful in its inclusion of IS.

When you know of as many people as she did who have lost a partner young and suddenly it makes you think A LOT differently. I bang on at friends to get life insurance and do wills now. You would be surprised the amount of people who get nothing and are left destitute when their partner dies....: the rich widow thing is mainly a myth. I know of one rich widow and I know a lot of widows....


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  • #1,072
For a woman her age and not seriously ill, that strikes me as remarkably careful in its inclusion of IS.

I think the sudden death of her not particularly old and very healthy husband (and IS wife, also young and well) made her take very little for granted.
 
  • #1,073
Yes but it needs to be in a will. If she died and had no will providing for him unmarried he would be due nothing.


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Yes I think it is just, as usual, a bit of condensed reporting - I get so irritated - probably without need !
 
  • #1,074
For a woman her age and not seriously ill, that strikes me as remarkably careful in its inclusion of IS.

Yes, but she was left in financial difficulties when her husband died suddenly and unexpectedly, and she didn't want that to happen to IS. Plus her mother testified that she was worried about her blood pressure, Helen said the doctor had told her she could just keel over and die whilst sitting at home because her blood pressure was so high.
 
  • #1,075
I did lose a partner young, myself, and friends too, but it doesn't change my view, in her circumstances.
 
  • #1,076
Ah, I wonder if Helen had, recently, talked of it being about time she did revise her interim Will and make a few changes !

Ms King-Jones said the draft will she helped create “was intended to be an interim will, to give [Ms Bailey] peace of mind that there was something in place and that she could work on it.”
 
  • #1,077
Inheritance tax

Under cross examination Ms King-Jones confirms that if Ms Bailey died before marrying Stewart he would have had to pay inheritance tax at 40 per cent above assets received above £325,000. If they were married and then she died he would not have paid any tax.

http://www.cambridge-news.co.uk/news/local-news/helen-bailey-murder-trial-week-12531416


ah, a bit odd. If she changed her Will in 2014, she should have revised the IT policy as well.
no doubt defence will use this as a reason why he would not murder her
 
  • #1,078
Stewart granted power of attorney

Ms King-Jones discussed two versions of granting powers of attorney with Ms Bailey.

She said: “Power of attorney is a document that can be put in place appointing someone to step into your shoes, so if you were poorly... then that person could step into your shoes to sign things.

“There was a lasting power of attorney -property and affairs, that relates to property money, shares assets and then there is a lasting power of attorney - health and welfare.”

Documents were registered with the office of the public guardian on March 6, 2015, and Ms Bailey was notified.

Ms King-Jones confirms that Stewart was the individual being granted power of attorney. She says: “The last power of attorney -property and affairs, the appointment of the attorney was Ian Stewart but if he was unable to act then there was a replacement, but that power of attorney wasn’t limited to mental incapacity.”

John Bailey, Ms Bailey’s brother was Mr Stewart’s replacement.

Power of attorney was registered and effective by April 10, 2015. Ms Bailey’s updated will was signed July 25, 2014.


http://www.cambridge-news.co.uk/news/local-news/helen-bailey-murder-trial-week-12531416


Oh very interesting. Previously I'd wrongly interpreted it to mean that IS had to share POA with Helen's brother, when in actual fact Helen's brother would only get involved as POA as a replacement if for some reason IS couldn't act.
 
  • #1,079
Ah, I wonder if Helen had, recently, talked of it being about time she did revise her interim Will and make a few changes !

Ms King-Jones said the draft will she helped create “was intended to be an interim will, to give [Ms Bailey] peace of mind that there was something in place and that she could work on it.”

That's probably why she took out the insurance policy to cover IT though..... so he could afford it.


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  • #1,080
Ah, I wonder if Helen had, recently, talked of it being about time she did revise her interim Will and make a few changes !

Ms King-Jones said the draft will she helped create “was intended to be an interim will, to give [Ms Bailey] peace of mind that there was something in place and that she could work on it.”

Could be. She had certainly publicly talked about IS' sons becoming increasingly independent so she might not have been feeling so much that she had to leave IS so much in order to provide security for O and J. I imagine the Sinfield side might come back into it more...
 
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