Twelve open items. The first three are worth more than everything below them combined — one is a date nobody knows, one is a will that does not exist, and one is an allowance being lost every April.
£4,138.05 a month, £49,656 a year, 58.6% of net salary. The rate end date appears in no document and no email. If it expires onto a standard variable rate unnoticed, the household budget changes overnight.
Do this: log in to the Bank of Ireland UK mortgage account, find the product end date, and write it into the Master Summary. Then diarise a review six months before it.
Executors (Sean, Dan, Pascale), guardians (Pascale, then Sean) and beneficiaries are all
written down in The Byrne-Bernards.docx. No signed will has been found.
Notes are not a will, and intestacy with two children, a £746,778 mortgage and an unmarried
partner is the worst version of this.
Do this: book the solicitor. The prep pack (SIMPLER LAW) has been on file since September 2023. Take the assets list, the executor and guardian names, and the seven open questions with you.
Also settle at the same appointment: Lasting Powers of Attorney (property/financial and health/welfare) — neither exists.
Four years of bank data show no ISA or Junior ISA contributions at all. The allowance resets on 5 April and cannot be backdated — every year that passes is permanently gone.
The stated plan is that Francoise and Mina inherit at 21. A Junior ISA is the obvious vehicle for exactly that, and it is sitting unused while £2,183 a year of streaming runs through the company card.
Do this: open a Junior ISA for each child; set a standing order, however small, so the allowance is not lost by default. Raise with David James Wealth.
Fixed commitments (£5,289) plus variable spend (£2,548) come to £7,837 against net salary of £7,060. The gap is bridged by transfers from the business account.
That works, but it means the household depends on the company continuing to trade — which is worth being deliberate about rather than incidental, particularly alongside a will that does not yet exist.