We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Inherited half a house but sent no proof by executor

Hi i wonder if anyone could help here.

Myself and my Brother inherited half of my late Grandfathers estate.

My Aunty inherited the other half.

The money in my Grandfathers accounts has been split between us but the house which makes up most of the estate is yet to be sold.

My aunty is trying to sell the house but i am concerned that i nor by brother have recieved any documents stating that we actually own half the house.

Should we not have recieved proof? :confused:

Comments

  • theartfullodger
    theartfullodger Posts: 15,972 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Do you have a copy of the will (some proof at least..)

    Have you/brother agreed to Aunty selling house, and if so in what form was the agreement to sell ?? - eg letter??

    Has Probate been granted??

    Who is the executor & what does he say on the matter??

    Cheers


    Lodger
  • Ian_W
    Ian_W Posts: 3,778 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    My aunty is trying to sell the house but i am concerned that i nor by brother have recieved any documents stating that we actually own half the house.
    As I understand it with a probate sale the house isn't transferred to the beneficiaries. So you don't own half of it. The house remains in your late Grandfather's name and the executor(s) signs the sales contract with proof probate has been granted.
    The executor then distributes the proceeds of the sale to the beneficiaries.

    I think the only time it would be put in your names (25% each, 50% to your aunt) is if the house wasn't sold but perhaps rented out.

    Is your aunt the executor? Given that she has distributed the cash do you have any reason to distrust her about the house sale?
  • My aunty is the executor so i presume that means she can sell the house for whatever price she thinks right and myself and brother have no say.
  • DVardysShadow
    DVardysShadow Posts: 18,949 Forumite
    griffin232 wrote: »
    My aunty is the executor so i presume that means she can sell the house for whatever price she thinks right and myself and brother have no say.
    She has a legal duty, I think, to do the best for the estate, so she could not legally sell it to someone for 75% of its value and take a personal kickback which is not shared out in accord with the will. Apart from that possibility, she too will benefit from the sale, so her best interests are the smae as yours, more or less.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • Ian_W
    Ian_W Posts: 3,778 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    She has a legal duty, I think, to do the best for the estate, so she could not legally sell it to someone for 75% of its value and take a personal kickback which is not shared out in accord with the will. Apart from that possibility, she too will benefit from the sale, so her best interests are the smae as yours, more or less.
    I also think that's right. I think an executor is in a similar position to a trustee in that they make the decisions, but should act in the best interests of all the beneficiaries when realising the estates assets.

    What's the specific problem? Do you think it's worth more than she is selling it for? Can't you speak to her about your concerns?
  • lili2008
    lili2008 Posts: 553 Forumite
    edited 29 July 2009 at 9:50PM
    Buy the title deed for £3 off the Land registry website. If you are down as joint tenants with your Aunt, that's proof you own it. Deeds should have been transferred on your Grandfather's death. There are also advantages to serving a notice of severance on your Auntie to change the tenancy status from 'joint tenants' to 'tenants in common' in that you have greater autonomy over your half but if the deeds reflect your ownership, I don't think she can sell it without your say-so anyway. BTW if you didn't know, tenant in this case means owner, not lodger and serving the notice is simply a case of writing her a letter saying so, then telling the Land Registry. No complicated expensive legal stuff.

    A house owned by 3 separate people will always throw up problems and cause squabbles. I speak as one who knows!!. Are you thinking you want to sell it and are worried you won't get your share, or do you just not want to sell and it's her pushing it?
    :idea:
  • DVardysShadow
    DVardysShadow Posts: 18,949 Forumite
    lili2008 wrote: »
    Buy the title deed for £3 off the Land registry website. If you are down as joint tenants with your Aunt, that's proof you own it. Deeds should have been transferred on your Grandfather's death. There are also advantages to serving a notice of severance on your Auntie to change the tenancy status from 'joint tenants' to 'tenants in common' in that you have greater autonomy over your half but if the deeds reflect your ownership, I don't think she can sell it without your say-so anyway. BTW if you didn't know, tenant in this case means owner, not lodger and serving the notice is simply a case of writing her a letter saying so, then telling the Land Registry. No complicated expensive legal stuff.

    A house owned by 3 separate people will always throw up problems and cause squabbles. I speak as one who knows!!. Are you thinking you want to sell it and are worried you won't get your share, or do you just not want to sell and it's her pushing it?
    Whoa!!! Hold your horses!!! The house belongs to the estate and what we do not know for sure is whether the estate will pass the house or the proceeds of the sale of the house to the beneficiaries. This will not happen instantly.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • lili2008
    lili2008 Posts: 553 Forumite
    Whoa!!! Hold your horses!!! The house belongs to the estate and what we do not know for sure is whether the estate will pass the house or the proceeds of the sale of the house to the beneficiaries. This will not happen instantly.

    If the cash has been received I assume the rest of the estate has been distributed. Simplest thing is to get a copy of the deeds.
    :idea:
  • Ian_W
    Ian_W Posts: 3,778 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    lili2008 wrote: »
    If the cash has been received I assume the rest of the estate has been distributed. Simplest thing is to get a copy of the deeds.
    That is quite a large assumption though, based on what's been posted to date.
    At the mo' my late MIL's estate is still going through using a solicitor (terms of will) with Mrs W and her bro' as executors and only benefiaries. House was sold AFAIK without the title being assented to them, them signing sale contract as exors - if my understanding is correct.

    Proceeds from sale distributed to them immediatley but bank accounts and investments have yet to be distributed. Exact opposite of OP's apparent situation but the point is the estate hasn't been distributed in full yet. Got lucky with the house sale, so unusually that money was available first.

    Recent TELEGRAPH article may help OP.

    Simplest thing would be to speak to the aunt I would have thought.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.2K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.8K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.