How it started

[guest2181]

There were alternatives. He owned 20% of N&J Bamber, and he owned 7.5% of the caravan park. He could have sold those shares and done something else. He could have got involved in the project in Guildford. He could have asked his parents to fund some other kind of business instead of buying land for Ann Eaton.

It depends how shares are set up. Shares don't always have a sale value.

[Adam]

'If my son, Jeremy Bamber is, in the opinion of the trustees, farming with me at the date of my death, or the date of the death of my wife, whichever is the later, and are resonably satisfied that he intends to carry on farming thereafter, then the remainder of my residuary estate should go to my son'.

The problem here is that any inheritance could be over 20 years away.

There is no way Bamber could have lasted that long without being disinherited totally or the twins increasing their share.

[Caroline]

It depends how shares are set up. Shares don't always have a sale value.

They can have a really low value - as little as 1p

[Kaldin]

'If my son, Jeremy Bamber is, in the opinion of the trustees, farming with me at the date of my death, or the date of the death of my wife, whichever is the later, and are resonably satisfied that he intends to carry on farming thereafter, then the remainder of my residuary estate should go to my son'.

Don't forget the rest Adam, otherwise some might think you're withholding information. Also, you need to quote it properly. You missed out the bit about Sheila getting £10,000.

"If the Trustees are not satisfied that my son will continue in farming as aforesaid (the decision being in their absolute discretion) then my residuary estate shall be divided between my children in equal shares."

As you can see, Sheila would have got only £10,000 if Jeremy continued to farm, but if he did not, she would half and he would get half - he wouldn't be disinherited. 

It's an interesting Will. How would the Trustees make that judgment? What if Nevill died naturally and Jeremy carried on farming until it had all been settled and then stopped? There was no time limit imposed.

[Caroline]

If he hated it, why did he not approach his parents and talk to them about an alternative? He knew about the land they bought - with a view to selling it to Ann Eaton later. Why did he not ask if they would give him money to start a wine bar or something? He knew people in London - why did he not go there and try to find a job?

Well only he would know that but being 'given some money' isn't the same as getting the lot.

[Kaldin]

It depends how shares are set up. Shares don't always have a sale value.

The relatives managed to buy his shares in the caravan park later, so clearly they did.

[guest2181]

So it was all comments with hindsight. That's not evidence.

Nobody is putting it in the evidence box, nevertheless, such comments were made.

He was also described as a "cold fish", by one of his friends, Deckers maybe. Okay not exactly conviction worthy in itself, but all of these little bits and pieces form a picture. No other picture exists.

[Caroline]

The relatives managed to buy his shares in the caravan park later, so clearly they did.

How does that mean they were worth anything?

[Caroline]

Nobody is putting it in the evidence box, nevertheless, such comments were made.

He was also described as a "cold fish", by one of his friends, Deckers maybe. Okay not exactly conviction worthy in itself, but all of these little bits and pieces form a picture. No other picture exists.

Such comments go back as far as his school days

[Adam]

Don't forget the rest Adam, otherwise some might think you're withholding information. Also, you need to quote it properly. You missed out the bit about Sheila getting £10,000.

"If the Trustees are not satisfied that my son will continue in farming as aforesaid (the decision being in their absolute discretion) then my residuary estate shall be divided between my children in equal shares."

As you can see, Sheila would have got only £10,000 if Jeremy continued to farm, but if he did not, she would half and he would get half - he wouldn't be disinherited. 

It's an interesting Will. How would the Trustees make that judgment? What if Nevill died naturally and Jeremy carried on farming until it had all been settled and then stopped? There was no time limit imposed.

I have just copied the only section on this from page 235 of Wilkes's book.

Can you provide you're source. Rather than withhold information.

[Kaldin]

How does that mean they were worth anything?

He used the money didn't he? They must have been worth something.

Anyway, the point is that if he was given shares in N&Bamber and the caravan site, he could have asked for shares in other things which interested him more if he hated farming.

[Adam]

Don't forget the rest Adam, otherwise some might think you're withholding information. Also, you need to quote it properly. You missed out the bit about Sheila getting £10,000.

"If the Trustees are not satisfied that my son will continue in farming as aforesaid (the decision being in their absolute discretion) then my residuary estate shall be divided between my children in equal shares."

As you can see, Sheila would have got only £10,000 if Jeremy continued to farm, but if he did not, she would half and he would get half - he wouldn't be disinherited. 

It's an interesting Will. How would the Trustees make that judgment? What if Nevill died naturally and Jeremy carried on farming until it had all been settled and then stopped? There was no time limit imposed.

As I said & which you have ignored, Bamber was not going to wait 20 years or more for anything. 

He would have been disinherited by then or lost most of it to the twins, who June was planning to give more to.

[Kaldin]

I have just copied the only section on this from page 235 of Wilkes's book.

Can you provide you're source. Rather than withhold information.

You got it from a book? Oh dear. That book clearly doesn't contain all the information.

Here you go.

http://jeremybamberforum.co.uk/index.php?action=dlattach;topic=3773.0;attach=28056;image

[Kaldin]

As I said & which you have ignored, Bamber was not going to wait 20 years or more for anything. 

He would have been disinherited by then or lost most of it to the twins, who June was planning to give more to.

Where did you get that from?

[Adam]

He used the money didn't he? They must have been worth something.

Anyway, the point is that if he was given shares in N&Bamber and the caravan site, he could have asked for shares in other things which interested him more if he hated farming.

Bamber could use his wages to invest in other things. As people do. Why should Nevill give him extra money ?

Use you're loaf.