lakeview3 wrote:

Plus a family member of mine used to be a bank manager (a now retired) and said it’s AMAZING how some lawyers hold money in their trust accounts for certain periods of time…..

Something tells me your relatives would be amazed at learning the earth isn't flat.

johnston - 2021-06-11 12:53:00

sparkychap wrote:

And why would they do that?

Held in trust - not simply held in their trust account and held for all sorts of reasons some of which would be gathering funds for an estate so held7ntil distribution, holding for “minor” beneficiaries until they reach the appointed age to inherit, holding until beneficiaries can be located, etc - lots of reasons none of which are dishonest or misleading.

sarahb5 - 2021-06-11 13:48:00

(Yes I know that, you know that, but does she?)

sparkychap - 2021-06-11 14:06:00

???? Classic #101...
???? ????

lovelurking - 2021-06-11 14:07:00

sparkychap wrote:

(Yes I know that, you know that, but does she?)

I knew that too and I knew you knew and I thought perhaps sarah would know that by now considering she isn't so new.

Edited by johnston at 2:22 pm, Fri 11 Jun

johnston - 2021-06-11 14:09:00

I bet you knew even I knew that too... ????

lovelurking - 2021-06-11 14:15:00

zak21 wrote:

He was taking the proverbial. If you check you will see he has been on TM for years and never bought anything.Is that credible?

Perhaps he is holding out until it is free.

What's for lunch?

emd-253 - 2021-06-11 14:22:00

lovelurking wrote:

I bet you knew even I knew that too... ????

Yes, even you!

johnston - 2021-06-11 14:22:00

lakeview3 wrote:

.....
Plus a family member of mine used to be a bank manager (a now retired) and said it’s AMAZING how some lawyers hold money in their trust accounts for certain periods of time…..

If this is the case then it is clear that the system of lawyers & accountants being required to operate Trust accounts is working.

Not sure what the problem is with this. Do you think having clients money going into an account that they use pay the photocopying out of would be better?

shanreagh - 2021-06-11 14:46:00

johnston wrote:

I knew that too and I knew you knew and I thought perhaps sarah would know that by now considering she isn't so new.

Sarah does, I do but people who express concern at the concept of lawyers operating Trust accounts may not know.

shanreagh - 2021-06-11 14:49:00

emd-253 wrote:

Perhaps he is holding out until it is free.

What's for lunch?

”Lunch is for wimps.”

sparkychap - 2021-06-11 15:03:00

shanreagh wrote:

Not sure what the problem is with this. Do you think having clients money going into an account that they use pay the photocopying out of would be better?

Lawyers have, in the past, been struck off for doing that ...

sarahb5 - 2021-06-11 15:06:00

sparkychap wrote:

(Yes I know that, you know that, but does she?)

The answer to your question is no I don’t think so

sarahb5 - 2021-06-11 15:07:00

sarahb5 wrote:

The answer to your question is no I don’t think so

based on comments above, I don’t think so either…!

sparkychap - 2021-06-11 16:42:00

Interesting…..

lakeview3 - 2021-06-11 17:06:00

johnston wrote:

Something tells me your relatives would be amazed at learning the earth isn't flat.

keep going……

lakeview3 - 2021-06-11 17:06:00

lakeview3 wrote:

keep going……

He might fall off?

Edited by apollo11 at 5:23 pm, Fri 11 Jun

apollo11 - 2021-06-11 17:23:00

lakeview3 wrote:

keep going……

Okay, how do the relies get on walking upright?

johnston - 2021-06-11 17:46:00

Suppose I’ll never get an answer to my question now

sparkychap - 2021-06-11 17:54:00

sparkychap wrote:

Suppose I’ll never get an answer to my question now

42.

apollo11 - 2021-06-11 17:58:00

apollo11 wrote:

42.

it gives me a headache just trying to think down to your level.

sparkychap - 2021-06-11 18:12:00

sparkychap wrote:

it gives me a headache just trying to think down to your level.

That's because you're upside down.

apollo11 - 2021-06-11 18:15:00

apollo11 wrote:

That's because you're upside down.

I’m in the Upside Down? Well Stranger Things have happened.

sparkychap - 2021-06-11 18:18:00

sparkychap wrote:

I’m in the Upside Down? Well Stranger Things have happened.

The mould on the walls is a dead give-away. Are you renting?

apollo11 - 2021-06-11 18:22:00

This message was deleted.

kittycatkin - 2021-06-11 18:40:00

This message was deleted.

kittycatkin - 2021-06-11 18:42:00

kittycatkin wrote:

You aren't doubting LV's word about one of her many rellies, I hope !

how many rellies do you have? I have so many I can’t count them all. And yeah they are a real mixed bag from nuclear physicists to ex skin heads, English society academic types to people who live in council flats, people who work hard and others who are bludgers….you name it we have it lol

lakeview3 - 2021-06-11 18:51:00

I can’t really claim the nuclear physicist though as he is on my husbands side….damn!

lakeview3 - 2021-06-11 18:52:00

This message was deleted.

kittycatkin - 2021-06-11 18:53:00

This message was deleted.

kittycatkin - 2021-06-11 18:55:00

This message was deleted.

kittycatkin - 2021-06-11 18:56:00

lakeview3 wrote:

I can’t really claim the nuclear physicist though as he is on my husbands side….damn!

so back to your bank manager rellie - what was the point of that anecdote?

sparkychap - 2021-06-11 18:59:00

kittycatkin wrote:

Yeah, right,

And there are fairies at the bottom of my garden...

is there? Oh dear!

lakeview3 - 2021-06-11 19:04:00

sparkychap wrote:

so back to your bank manager rellie - what was the point of that anecdote?

don’t let lawyers sit on YOUR money any longer than they need to

lakeview3 - 2021-06-11 19:04:00

kittycatkin wrote:

Yeah, right,

And there are fairies at the bottom of my garden...

They're probably also lakeviews relatives.

sparkychap - 2021-06-11 19:04:00

lakeview3 wrote:

don’t let lawyers sit on YOUR money any longer than they need to

And why would they do that?

sparkychap - 2021-06-11 19:05:00

kittycatkin wrote:

Does he know that ?

who? Hubby or the physicist?

The physicist even has a Wikipedia page- yeah it’s true!

lakeview3 - 2021-06-11 19:06:00

sparkychap wrote:

They're probably also lakeviews relatives.

you believe in fairies too? Oh dear!

lakeview3 - 2021-06-11 19:08:00

sparkychap wrote:

And why would they do that?

yeah why would they?

lakeview3 - 2021-06-11 19:08:00

lakeview3 wrote:

yeah why would they?

that's what I'm asking you. Don't you have an opinion?

sparkychap - 2021-06-11 19:09:00

lakeview3 wrote:

you believe in fairies too? Oh dear!

Well there's so much fantasy in this thread already....

sparkychap - 2021-06-11 19:11:00

sparkychap wrote:

that's what I'm asking you. Don't you have an opinion?

oh I do, but I guess you would want to ask a lawyer…..

lakeview3 - 2021-06-11 19:12:00

lakeview3 wrote:

oh I do, but I guess you would want to ask a lawyer…..

Why not tell us your opinion? You're normally not backward in coming forward.

sparkychap - 2021-06-11 19:14:00

sparkychap wrote:

Why not tell us your opinion? You're normally not backward in coming forward.

i am ok thanks ????

lakeview3 - 2021-06-11 19:22:00

lakeview3 wrote:

i am ok thanks ????

That's a matter of opinion....lol

So make an allegation, based on hearsay and aren't prepared to back it up or discuss it. Typical.

sparkychap - 2021-06-11 19:26:00

lakeview3 wrote:

don’t let lawyers sit on YOUR money any longer than they need to

Why do you think they would? Plenty of legitimate reasons why they would do so

sarahb5 - 2021-06-11 19:27:00

sparkychap wrote:

That's a matter of opinion....lol

So make an allegation, based on hearsay and aren't prepared to back it up or discuss it. Typical.

I don’t really care what you think of me. Carry on.

lakeview3 - 2021-06-11 19:30:00

sarahb5 wrote:

Why do you think they would? Plenty of legitimate reasons why they would do so

sure there is, but for how long a time period?

In your experience what’s the average time a basic estate takes to settle? House sold, no debt, 2 beneficiaries, no issues with the will?

lakeview3 - 2021-06-11 19:33:00

lakeview3 wrote:

sure there is, but for how long a time period?

In your experience what’s the average time a basic estate takes to settle? House sold, no debt, 2 beneficiaries, no issues with the will?

Too many variables to consider even in that scenario - there is no average. How long is a piece of string? Absolute minimum of 6 months from grant of probate assuming probate is needed but sometimes it can take a while to get probate depending on how complicit the executors are.

Edited by sarahb5 at 7:46 pm, Fri 11 Jun

sarahb5 - 2021-06-11 19:45:00

lakeview3 wrote:

sure there is, but for how long a time period?

In your experience what’s the average time a basic estate takes to settle? House sold, no debt, 2 beneficiaries, no issues with the will?

Use Google, it explains everything...

lovelurking - 2021-06-11 19:50:00