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Family members taking money from parent whilst in care home
Hi All, I'm after some advice on a moral dilemma that I have. I am aware of a co-worker and her husband who are withdrawing money from her mothers account, and transferring this into their own account whilst her mother is in a care home. They are withdrawing cash as well as transferring the funds by both internet banking…
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Some Advice Needed Please - Divorce
Hi Folks, Just after some advice. My wife and I have been married for 11 and sadly have agreed to get a divorce. We have no children however we do own a property. She didn’t want to buy originally and was happy renting where as I wanted to buy a property. Due to her ill health she supposedly went along with it as wasn’t…
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Inheritance Tax etc
My question is: I own two flats and would like to gift them to my daughter. One of the flats used to be my home and then I rented it out for 8 years until Jan of this year since then it has been empty. The other flat directly above has been home to my 20 year old daughter for the same amount of time. I in the meantime…
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Probate problem
My mum passed away in may last year. My mum had left a will, leaving everything to me, her only child, and money to my two children. She made my husband executor of her estate. her estate is small, a two bedroom house worth about £130k and that’s it. we applied for probate last June, we did it ourselves as the estate is…
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Who do you think should pay?
Can I ask for opinions please, bit of a family dispute here, personally I think they should just go halves but- Person A is selling an item and Person B is interested in buying it. A names his price and B is happy with it. Then A gets offered £200 more from someone else so B agrees to match the other offers and pays for…
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Farming Family Will Problems
Looking for some advice for my other half. He worked on his grandads farm for the last approx 20 years since leaving school and kept it going pretty much by himself , for a minuscule £100 a week (although got no payments at all for the last 3 years since his grandma died ) on the understanding that when his grandad dies he…
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Consent order
Morning all My partner signed a consent order approximately 3 years ago when he separated from his wife. The consent order is heavily biased towards his ex wife, she ended up with a much larger share of the assets and her pension pot is a lot larger my partners. The consent order didn't go before a judge to be signed and…
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Buying A House Together - Deed of Trust?
My partner and I are buying a house together. We're not married and don't have kids together (and don't plan to as we both have 2 each from previous relationships). He's bringing more equity/deposit than I am, but we'll both be paying half the mortgage and bills. We've agreed that if we ever separated, we'd take back our…
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AML anti money laundering
Hi, my son has received some fantastic bonuses at work which had led to him undergoing AML checks. He was told by his solicitor that when he purchases a house he becomes a home owner and will have an asset and will no longer subject to AML checks. His house completed 3 weeks ago which he purchased in cash no mortgage and…
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IHT Advice
A family member wants to help her child to get on the property ladder. They have discussed different ways of possibly doing this. 1. Gifting a lump sum around the region 50-100k. 2. Singing over part of the family home and the child taking out a mortgage for the rest. 3. Putting the family home in her child’s name. Can…
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Getting together in 2021
Lots of posts about breaking up, me included. What is a good way to meet people, a partner.I am guessing mid Janruary will be the time when things are opening up again.Will it be like when the housing market opened up, lots of people wanting to get together, because places have been closed?I am thinking going to cafes and…
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Father in care home, sibling & his wife causing waves
The situation is that I dealt
with my father's affairs for over a year until there was no choice but for him
to go into care because of dementia. My brother & his wife looked after him
for just ONE WEEK prior to him going into care because I was away, but had not
shown their faces for the whole of the previous year,…
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Struggling to cope
Not married, not sure what to do next. Left joint home last August after 2 years of hell at the end of a 25 year relationship. Long story short the ex kindly agreed I could move back as my business is based at the house (office alongside) and one of my horses did not settle at the rental property i took. Been to mediation…
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50/50 Care - Benefits, maintenance etc
Ex wife and I are arranging access as I will be moving out of the family home soon. I want 50/50 which she hasnt agreed to but practically how does it work? Who get the child maintenance? She earns too much for tax credits but she does get tax free childcare, I have a low income so I could get tax credits or Universal…
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Child maintenance calculations
Hi, I (along with many thousands of other people I'd imagine!) am at my wits' end with the utter incompetency of the Child Maintenance "Service" and following yet another futile and frustrating conversation with them yesterday I was wondering if anyone could shed any light on exactly how their calculations are made as this…
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Loan and IHT
Morning All Can anyone answer this question for me, a family has lent another family member a considerable about of money I think it’s about 300k. The borrower has told the lender he cannot pay it all back due to the inheritance tax. As far as I am aware you only pay iht when the person has died and that comes off the…
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Child’s Savings
I have a wayward daughter, for whom money is like water through her fingers. Her grandparent has saved money for her in her name over many years, but she is coming towards 21 when the money will be hers. Is there a way to keep this money from her, or move it away, or do something until she can look after her own money…
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Elderly relative coming out of hospital wants to live at home what support
I wonder if anyone can help pls My grandad is 90 years old and Im his grandson and all he has. He has lived independent and relatively fit until he was admitted to hospital 3 weeks ago with breathing issues, he has been on oxygen since , he has collapsed lung and suspected lung cancer. He has refused any evasive…
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Remove ex from Title deeds
Hi To briefly explain: Property purchased with ex partner using 100% mortgage I paid £99 reservation fee (new build) Partner left two months after buying the house. Never made any payments at all to the mortgage off bills Mortgage is now finished all be it with a large shortfall due to poor endowment performance. After…
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Does this seem to be a fair finacial settlement?
Sadly my 14 year marriage has come to and end.My wife is now pregnant with another man's child and of course we have seperated whilst waiting for the decree nisi to come through.My wife is a dual national and plans to return to her home land to raise her child. We have two children, a house worth £200,000, another property…
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Most recent: First Time Parent - Savings Account advice by Rob5342
3 December at 2:05PM
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