Page 138 - Bundle for MF Final

Bates no 137

APPLICATION FOR ASSISTANCE OF A M KENZIE FRIEND
c
PART 5:CHRONOLOGV OF INSURANCE CLAIMS
TH
5.14 LPJS WILL 2ND NOVEMBER 2016
76. LPJS updated her will on 2nd November 2016 (see paragraph 188) which made it clear
that the Claimant:

• had no financial stake in Nutley Place and that LPJS's 100% interest would pass to
her children on her death;
• could remain rent free as a tenant for a maximum of four years - following her
death - providing he looked after her two youngest children;

• would be required to move out - without compensation - when they attained the
age of 18 years:

• or to move out immediately if he began to cohabit with a new partner

LP JS and the Claimant discussed 55 her will and he raised no objections to it 56 • LP JS felt
that she was being "a bit hard" but told the Claimant that "this is the way it has got to
be ..... its my only asset and it has to pass to the kids'.

77. The Claimant has recently denied that he read the will or discussed it. but it is clear that he
did (see paragraph 189) and acted on LPJS's referral to Core Law to prepare his own will.

5r
5.15 TRANSFER OF £500,000: 2l DECEMBER 2016
st
78. On 21 December 2016 the Claimant made a voluntary and spontaneous deposit of
£500.000 into the mortgage account of "APM and LPJ Siggers" with Barclays-Woolwich.
At the time, LPJS hoped it was a genuine and generous gift from funds honestly acquired
57
and which the Claimant had already stated was "ours" •
79. The Claimant made the deposit through an unnecessarily convoluted process (Attachment
2) whose primary objectives appear be to:

• remove the £500,000 from all accounts in his name and to disassociate himself
from it, possibly in anticipation of being asked to make a declaration, by
Diamond Insurance, of all compensation received 58 ;

• prevent it being discovered by Diamond Insurance [which he was worried might
retain investigators];

• avoid or delay the need to declare it on his January 2017 tax return;

• reduce LPJS's monthly interest payments by approximately £1,000 59 ;

• make sure the money could not be touched until the entire mortgage was
redeemed;

55 Which he read
56 But for possibly for a far more sinister reaction
7
5 See paragraph 73
58 Most likely at the Joint Settlement Meeting
59 To date, the Claimant has not asked for the recovery of around £30,000 in saved interest
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