Morning all, hoping some of you can offer me a little info!
My father died last year intestate therefore all his assets will be divided equally between myself and my sister. The assets consist of insurance policies and the family home. My sister has previously expressed a desire to buy out my interest in the family home, in which she still resides.
My question is in relation to this house. Should she refuse to buy out my share what are my options? She has preciously said that she is unwilling to but the house on the market. For instance can I insist that our solicitor give all monies from the estate to me in part settlement of my share. I'm nervous that the monies will be divided equally but that I then might have difficulty in getting my share of the house, which makes up the greater part of the estate. I have no access to this house at the moment as my sister and my fathers partner are living there and the locks were changed after my fathers death.
I'd be grateful if anyone could shed some light on my options.
My father died last year intestate therefore all his assets will be divided equally between myself and my sister. The assets consist of insurance policies and the family home. My sister has previously expressed a desire to buy out my interest in the family home, in which she still resides.
My question is in relation to this house. Should she refuse to buy out my share what are my options? She has preciously said that she is unwilling to but the house on the market. For instance can I insist that our solicitor give all monies from the estate to me in part settlement of my share. I'm nervous that the monies will be divided equally but that I then might have difficulty in getting my share of the house, which makes up the greater part of the estate. I have no access to this house at the moment as my sister and my fathers partner are living there and the locks were changed after my fathers death.
I'd be grateful if anyone could shed some light on my options.