Help How do I explain at bank why I need a will at 18 y.o.?

[SocialSoil]

So, long story short, I have some bank deposit, and don't want my family to get it when I ctb. I am in seriously awful relationship with them, and if they get money after my death it would feel like some prize or something. That's why I need a will. Money will go to my best friend. (He doesn't know about this forum.)

I'm gonna go to bank tomorrow. The question is - what should I say to consultant about why I need a will when I just recently turned 18? If I say something about mental state they'll probably send me to psychiatrist for check. I can say about bad relationship with family, but how to explain why I need to do a will at 18?? I really don't know. Could I say I got cancer or early stage, will they fact-check this?
Any answer will be helpful. This is essential for me to write a will, like really. Thank you.

 

[BornByGhosts]

it's none of their business, if they pry about it all you need to say is "because i need it" and if they keep pressing say you'll take your business elsewhere

 

[Redacted24]

It's just sound planning to always have a will. People get into accidents at work, on travel, and lots of other scenarios. And the people that prepare the document don't have any reason to ask about your reasons, or question how you decide to disburse your assets.
Just tell them that you heard that a will is important and want to establish one. Ask them questions about how it would be enforced. Good luck!

 

[annikae]

So, long story short, I have some bank deposit, and don't want my family to get it when I ctb. I am in seriously awful relationship with them, and if they get money after my death it would feel like some prize or something. That's why I need a will. Money will go to my best friend. (He doesn't know about this forum.)

I'm gonna go to bank tomorrow. The question is - what should I say to consultant about why I need a will when I just recently turned 18? If I say something about mental state they'll probably send me to psychiatrist for check. I can say about bad relationship with family, but how to explain why I need to do a will at 18?? I really don't know. Could I say I got cancer or early stage, will they fact-check this?
Any answer will be helpful. This is essential for me to write a will, like really. Thank you.

You can just simply say that you don't know when you are going to die (and this apply to everyone,) and therefore you want to do it period. In case you can add your family issues and that you want to make sure that they don't get nothing.

 

[whywere]

Like @BornByGhosts said so profoundly, it is none of their damn business. Also, @Redacted24 thoughts are straight on, as at the 18 of 18, legal everywhere as far as I know, sound decision making on your part.

I so cannot stand nosey businesspeople.

I have said all my life, that in business, if someone has an opinion on my business affairs, I avoid them at all costs. If they are going to be that way from the get-go, just think of what else might be down the pipeline someday.

You are a very smart person and do as you please without any outside influence ever.

Walter

 

[UnrulyNightmare]

Agree with everything said already. Wanna add for me, I would say I recently lost someone close unexpectedly.
But again, you don't need a reason. You just might feel better if you have one in the back of your mind.

 

[Overit90]

18 is so young. You can literally turn everything around righ tnow.

I wish I could go back to the age of 18.

 

[locked*n*loaded]

Not clear why you would you go to a bank for a will? You go to a lawyer for a will and specifically disinherit those you want to.

 

[peope_dont_change]

Don't banks have a nomination system ? I mean regardless of a will whoever is the nominee to your funds will be getting them after your demise.

If its just money in the savings account I highly doubt you need a will. Just change the nominee to whomever you deem fit and no one will bat an eye to that.

 

[SocialSoil]

Not clear why you would you go to a bank for a will? You go to a lawyer for a will and specifically disinherit those you want to.

Here's the thing - I've been to a notary before and researched this topic. In Russia, there is such a thing as a testamentary disposition, which serves as a will that is only related to savings in a bank. To draw it up, you go straight to the bank, you don't have to go to a notary and prepare anything. And the testamentary disposition can later be included in the main will if you are going to make one. I only have savings, so I was told to go straight to the bank, that's all.

Don't banks have a nomination system ? I mean regardless of a will whoever is the nominee to your funds will be getting them after your demise.

If its just money in the savings account I highly doubt you need a will. Just change the nominee to whomever you deem fit and no one will bat an eye to that.

I think laws are different for each country about that? I'll quote Russian Civil Code: "The right to a compulsory share in the inheritance, regardless of the will, has minor children of the deceased citizen, as well as his disabled children, parents and spouse." My parents aren't disabled, nor do I have any children or spouse. And I cannot find anything about nominee of savings as existing term... Like, really. I can't find it at civil code either... Maybe I'm searching bad, but, I don't know. Guess I'll figure out everything tomorrow.

 

[CatLvr]

So, long story short, I have some bank deposit, and don't want my family to get it when I ctb. I am in seriously awful relationship with them, and if they get money after my death it would feel like some prize or something. That's why I need a will. Money will go to my best friend. (He doesn't know about this forum.)

I'm gonna go to bank tomorrow. The question is - what should I say to consultant about why I need a will when I just recently turned 18? If I say something about mental state they'll probably send me to psychiatrist for check. I can say about bad relationship with family, but how to explain why I need to do a will at 18?? I really don't know. Could I say I got cancer or early stage, will they fact-check this?
Any answer will be helpful. This is essential for me to write a will, like really. Thank you.

You do not need a will. The best way (i.e. least likely way for your fam to cause him problems) is to make him a signatory on your account (a joint account). If you don't want to do that for any reason, just make him the beneficiary of your account. You are 18. You do not have to give them an explanation and they are likely not to ask, except to make small talk maybe.

 

[SocialSoil]

Upd: so, I went and did it, now I have testamentary disposition. It literally took 5 minutes, like seriously, I checked it later, and no one asked anything. They only needed my passport, I gave passport data of my friend, then sign and write the date by words. And that's it. Now I have this paper. My SN arrived, too. Everything now is solved. I have a week before my roommate arrives back to dorms. I can ctb any day I wanna.
Now I just need to get the mood.

Thank you everyone for answers!

 

[korra]

LOL I thought of the same thing, in the end I told them that's because I got drafted as a reserve to the army and there is ongoing going war... But I had a good excuse, no idea what to do in your situation but I don't think they can force you to explain why


Edit -

Upd: so, I went and did it, now I have testamentary disposition. It literally took 5 minutes, like seriously, I checked it later, and no one asked anything. They only needed my passport, I gave passport data of my friend, then sign and write the date by words. And that's it. Now I have this paper. My SN arrived, too. Everything now is solved. I have a week before my roommate arrives back to dorms. I can ctb any day I wanna.
Now I just need to get the mood.

Thank you everyone for answers!

Ooh it was that simple? Good 2 know

 

[Forever Sleep]

I doubt they'll even ask to be honest. I think I was 19 or 20 when I made my first will. You can always say that a family member or friend you knew died young and it made you want to get your affairs in order- just in case. But basically- you're paying them for a service. I'm not sure they'll bother to question it.