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Solicitors sentence confuses me

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  • Solicitors sentence confuses me

    Please can someone reassure me.
    This wording used by the solicitor is rather confusing to me.
    The will states: To the appointed, I leave all my shares and holdings of a capital nature in RBS.
    My question is: Does the "holdings of a capital nature" also include the balance left in the account, as well as the shares?

    Thanks in advance.
    Confused
    Tags: None

  • #2
    Re: Solicitors sentence confuses me

    [MENTION=39710]des8[/MENTION] [MENTION=87380]Diana M[/MENTION] ??
    Debt is like any other trap, easy enough to get into, but hard enough to get out of.

    It doesn't matter where your journey begins, so long as you begin it...

    recte agens confido

    ~~~~~

    Any advice I provide is given without liability, if you are unsure please seek professional legal guidance.

    I can be emailed if you need my help loading pictures/documents to your thread. My email address is Kati@legalbeagles.info
    But please include a link to your thread so I know who you are.

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    • #3
      Re: Solicitors sentence confuses me

      Capital

      [mass noun]Wealth in the form of money or other assets owned by a person or organization or available for a purpose such as starting a company or investing.
      https://en.oxforddictionaries.com/definition/capital
      CAVEAT LECTOR

      This is only my opinion - "Opinions are made to be changed --or how is truth to be got at?" (Byron)

      You and I do not see things as they are. We see things as we are.
      Cohen, Herb


      There is danger when a man throws his tongue into high gear before he
      gets his brain a-going.
      Phelps, C. C.


      "They couldn't hit an elephant at this distance!"
      The last words of John Sedgwick

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      • #4
        Re: Solicitors sentence confuses me

        Hi and welcome

        Solicitors use of the term "holdings" is a trifle overkill!
        Capital would include cash and funds in current and deposit accounts.
        Holdings (as a noun) means assets and funds, stocks in a person's possession

        So essentially the answer to your question is that the account balance would be included

        That's how I understand it anyway!

        Comment


        • #5
          Re: Solicitors sentence confuses me

          Originally posted by Kati View Post
          [MENTION=39710]des8[/MENTION] [MENTION=87380]Diana M[/MENTION] ??
          Thank you, for your replies. Much appreciated.
          That was how I read it, but wasn't 100 pc sure.
          Kati - I didn't receive a reply with your message, I'm afraid.

          Comment


          • #6
            Re: Solicitors sentence confuses me

            Originally posted by UniversallyChallenged View Post
            Kati - I didn't receive a reply with your message, I'm afraid.
            I was tagging people who might know xx
            Debt is like any other trap, easy enough to get into, but hard enough to get out of.

            It doesn't matter where your journey begins, so long as you begin it...

            recte agens confido

            ~~~~~

            Any advice I provide is given without liability, if you are unsure please seek professional legal guidance.

            I can be emailed if you need my help loading pictures/documents to your thread. My email address is Kati@legalbeagles.info
            But please include a link to your thread so I know who you are.

            Specialist advice can be sought via our sister site JustBeagle

            Comment


            • #7
              Re: Solicitors sentence confuses me

              Apologies for my ignorance.
              And thank you for your time to do this.

              Comment

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