Mapleshamrock
New Member
- Messages
- 4
Given the information you have provided, that would be my understanding also.purchasing my half brothers 40%, on top of my 20%, for a total share of 60%.
One of my brothers and my mother live in the property, and I want them to be able to remain there.
He says "It is a matter of succession law and an obligation on the executors".
Is it possible to will the family home to your children when your spouse is still alive and living in the family home?Who is this solicitor acting for? This is a daft proposal. Take great
Is it possible to will the family home to your children when your spouse is still alive and living in the family home?
Mother and father were never married, mother has no legal right to the house afaik, father estranged from me and full brother.You mention your "father's" house but also that your "mother ' still lives there.
What is her status in relation to the house?
That may colour ownership.
For example if your father died without a will as opposed to leaving a will.
Not necessarily.mother has no legal right to the house afaik,
I will absolutely, no doubt, just wanted to understand the situation before talking to my solicitor next.I would strongly advise you to get independent legal advice . You are spending a lot of money on a share of a house, you need it to know that everything has been done correctly before you sign anything.
You cant afford not to.
She has done, unfortunately the timeframe where she could have claimed some ownership has passed.Not necessarily.
Your mother should seek legal advice before you go any further.
The split is definitely 20:40:40, that is the share we would receive if sale of the property were to be forced.Have you seen the will? How do you know the split is 20:40:40 of the full house? The solicitor will carry out the wishes according to the will and the law, and following the instructions of the executor. He would not, most solicitors being reasonable, law abiding people, do something daft and off the wall. So my conclusion is you are missing something key. My worry is you pay 40% of the value of the house to your half brother and you are not getting 40 %, you should only pay for the % you get.
You own solicitor should sort it out and explain it to you. Best of luck.
Maybe? I'm not clear exactly how it's usually structured, but looking in this forum, buying out a sibling's share of an inherited property seems relatively common.Is this a question about whether your half brother can disclaim his share in return for money? Because that is what it sounds like
The solicitor for the executor is adamant that the deeds must reflect the ratio of me and my brothers original entitlement in the will
(20% and 40%, meaning a ratio of 1:2). He says "It is a matter of succession law and an obligation on the executors.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?