-
Lasting Power of Attorney—should it be this difficult?
It took me almost 6 months to successfully create a Lasting Power of Attorney for myself, the attorney being a friend and neighbour, due to the OPG’s bungling. I have recently been diagnosed with heart disease and wanted to ensure my frail elderly mum had ready access to her finances if I wasn’t able to operate her…
-
Free Will
Does anyone know if you set up a free will through a service your union has available, if you leave the union does the will still stand?
-
Inheritance what would you do?
Me and family member are getting some inheritance. I am sorted, but family member I think is being daft and we both think each others view on what she does with it are crazy. She is separated from her husband who was on a good age and they lived in expensive area of South East and a son who they do 50/50 with. Her Husband…
-
Divorce / House / Business.. Help appreciated.
Good afternoon, First time visiting this side of the forum.. Looking for advice.. ( whole lot going on, but looking to point in the right direction once her head is cleared) My partners sister has split with her husband, (he left for another woman after admitting a long affair) Both on the mortgage, (Swanky large house)…
-
Need some advice for home care needs support
I’m looking for some advice on what I can do to help my Mum who’s been struggling recently (although she’ll never admit it) looking after my Dad. My Dad has numerous and complicated medical issues with the most serious being Progressive supranuclear palsy. This has meant Dad is now partially blind and not able to see…
-
Adding daughter to house ownership
Can anyone advise of any drawbacks to adding my daughter to my house ownership so we own it together. Daughter is 21 and lives at home with me. I own the house (no mortgage), I have no partner - sadly he died 20 years ago. I dont claim any benefits.
-
Respite for parent with 2 LPA's
Hi all, Currently we are in a dispute with a family member about to our mum who we are full time carers for going into respite so we can have a break at home. My wife and I have been live in carer's for her mum who has dementia for nearly 3 years after dad passed away We have never had much of a break away from caring and…
-
Messy
My partner whose mortgaged house I live in has recovered from a heart attack and cardiac arrest but left with some level of brain non function (but not brain injury visible on scan). He is of pension age. He had no LPA in place. We are not married, I am working age and currently 4 days a week at work. The following things…
-
Pass my property to my adult children in a trust or as a gift?
I have been reading up on the best way to leave my property to my 3 adult children, either via setting up a trust or by gifting it to them. I am single, basic tax payer and they are all currently single, but obviously that could change in the future. Are there definite advantages to one over the other? I did read earlier…
-
Can I help, is it my place to get involved?
Looking for advice on this. I want to
help, but I am not sure it is even my place to get involved. I have been with my girlfriend for a
year and a half. I finalised my divorce a two and a half years ago and have
50:50 custody of my 4 year old daughter via Child Arrangement Order. Girlfriend
has 5 year old son, the dad…
-
Question on life interest/trust and moving out of house and in with family - bill responsibility
My mothers partner died a couple of years ago and left in the will their half of the property to their siblings which is now in a "trust." My mother has a life interest in the property. She currently lives in the property and thus pays all bills, council tax etc If she was to move out of the property and moved in with…
-
Power of Attorney - Adult child with POA for one half of a married couple
Prompted by another thread, I have been wondering about this... If your parents (or step parents) make a financial POA and name you, their adult child(ren) as their attorney, I understand that this means dealing with their finances in their best interest. However, would they have had to make specific notations in the POA…
-
Care Home Fees - Split ownership of house
HI. Hope I've popped this in the correct area? Mum and Dad were tenants in common and when she passed her 50% was shared between my sister and I. Therefore Dad owns 50% and we have 25% each. We are nearing the time when Dad will need a care home due to dementia and I want to be clear on my options with the house. If I…
-
Evicting 25 year old son
My son works very part time, doesn't pay me any board as doesn't think he has to! I want him out. Any ideas?
-
Overly (IMO) frugal partner is getting me down!
Me and my partner have very different attitudes to money and I am having some difficulty with it. I am the main earner in the household of 2 adults and 2 kids, we have a little more than the average UK income kicking around and we share all the money that comes in to the house equally. Neither of us come from affluent…
-
Setting up a will - children and step children
Husband and I are in our 50’s, married for over 20 years, own a home (mortgaged) and our 2 children live with us (teens one of whom is under 18). We have life insurance that would pay off the mortgage and leave some spare cash should either my spouse or I die. We have discussed making a will but a simple mirror will but…
-
Joint inheritance moral and logistical dilemma.
Hi all, I'm hoping I can get a little steer on how I could possibly handle this situation in the future. My dad and sister moved to Spain in 2017, my dad is retired my sister works there. We were born in London but both my parents are Spanish so we have Spanish and British citizenship. I live in Scotland. My mum still…
-
Divorce- Should we sell our house or sell my share for much less than its value?
Hello! This is my first post here. Really need some impartial advice. Me and my wife of 4 years are getting divorced, with the consent order about 10 weeks away. Originally, I was very keen to leave the home so I agreed (verbally) to sell my share for £10,000 to her brother, because I wanted her to stay living in the home…
-
Seperation and Stamp Duty
(cross posted into home-buying, wasnt sure where it sat) I am in the early process of seperating from my Husband. I want to buy him out of our family home. I have had a mortgage appointment but due to the sums involved I am aware that Stamp Duty is liable unless you are a married couple who are seperating/divorcing. My…
-
Name not on Deeds - Scotland
Hi. Trying to get our affairs in order, and have read conflicting information. We live in Scotland. Husband bought our house about 5 years before we met. Now been together for 20 years, married for 17. We have never bothered to add my name to the deeds, mortgage remains in husbands name and he pays. ( I cover utility…