House left in trust for benefit

samfarrell

Registered User
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78
my grandmother died some years ago and left a will in which she left her property to her son, to hold in trust for the benifit of her daughter (my mother) and ultimatley the benifit of her two children.(me and my sister )
my question is , if the property is now sold who is the legal owner and who ultimately benifits from the sale ??
as far as i know the deeds were never changed after her death
 
It's not really clear from your post. Was either your uncle or mother given a life interest or a right of residency and you and your sister the ultimate beneficiaries? If this is the case there is a formula to work out the value of the life interests/residency and the proceeds of sale can be used to discharge this/these interest/s first and then the balance to yourself and sister.
 
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