Sep 3, 2018 2:45:37 PM

Young widow's tale: No will, no money (NZ Herald)

Topics: Mortgages, NZ Property, NZ Property Market, NZ Mortgage Adviser 1

A worthwhile read! And while the article focuses on the importance of having a will, it also points to the need for adequate planning around risk protection and more importantly the Enduring Power of Attorney. If you'd like financial advice or a review of your situation, get in touch with our team of mortgage advisers.


A woman who lost her husband in a car accident had to take in strangers to help pay her mortgage and use an inheritance to stay afloat financially, after he died without a will.

It's just over 10 years since Amanda Wilton-Skinner's husband Benedict was killed while driving for his job as a joiner but the memory of it and the impact on her life is still fresh.

"It has been 10 years - but it never leaves you."

Wilton-Skinner was 38 when she was left with a mortgage to pay by herself and a house which needed massive renovations.

"Everything needed doing - a new roof, kitchen and bathroom. It was definitely a big project for him. I got left with that."

And because he didn't have a will she had to go through administration which involved applying to the court to get access to his assets and a life insurance payout which took a year.

"I had to wait such a long time for everything to be processed."

She had to suspend payments on her mortgage for three months and then go interest-only so she could afford it by herself.

"I had to get flatmates in which is a really hard thing when you are in your late 30s and it's your family home. I found that really hard."

Wilton-Skinner is speaking out about her situation as part of Money Week, in a bid to remind people to make a will.

Excerpt from NZ Herald - read the full article here.


While all care has been taken in the preparation of this publication, no warranty is given as to the accuracy of the information and no responsibility is taken by Mortgage Express Limited for any errors or omissions. This publication does not constitute personalised financial advice. It may not be relevant to individual circumstances. Nothing in this publication is, or should be taken as, an offer, invitation, or recommendation to buy, sell, or retain any investment in or make any deposit with any person. You should seek professional advice before taking any action in relation to the matters dealt within this publication.

A Disclosure Statement is available on request and free of charge.