Changing name in title deeds?

EdInvestor

Your mother should consult her solicitor about this plan.The problem is that it exposes her to the possibility that you might go bankrupt, die, get married and/or divorced, all of which could put her right to occupy her own home at risk.

It is not a question of trust, we none of us can predict the future.

ian_duncan_smith

I take it you take care of her at the moment? How long have you been doing this? If your mum and sibblings were to quantify this, in writing and present a writen declaration to the Land Registry and to the tax people showing that you had earned your share in the house, proved by the fact that it was only being given to you in lieu of payment/payment in kind, and that she was not giving away any other assets to other relatives as a form of tax avoidance then I get the feeling you might get away with it. The other alternative would be for her to sell you the freehold and you grant her a watertight life tenancy that could be determined upon her death or going into care.

margaretclare

EdInvestor wrote: »

Your mother should consult her solicitor about this plan.The problem is that it exposes her to the possibility that you might go bankrupt, die, get married and/or divorced, all of which could put her right to occupy her own home at risk.

It is not a question of trust, we none of us can predict the future.

....and also Mum may remarry - again, this happened to me at around her age.

GrannyKate

EdInvestor wrote: »

Your mother should consult her solicitor about this plan.The problem is that it exposes her to the possibility that you might go bankrupt, die, get married and/or divorced, all of which could put her right to occupy her own home at risk.

It is not a question of trust, we none of us can predict the future.

I agree with EdInvestor on this. Personal trust and values are not the issue - it is the unpredictability of life which Mum needs protecting against. My Mum lives in a property jointly owned with a family member, which will revert to the other person on death through a Trust Deed and confirmed by Mum's will. This was drawn up by a solicitor and protects my mother's right to live in the house until her death in the event of the other person's death, bankruptcy, divorce etc.