Confused how my share works

Mojisola

LoopyLoops wrote: »

I can't even go and see a solicitor on my own can I? It has to be an executor doesn't it?

No. You are a beneficiary and want to understand how your inheritance works.

You can take a copy of the will to a solicitor and ask for advice.

It does all depend on the wording of the will.

TBagpuss

chesky wrote: »

What would happen if he leaves his part of the house to another person? When he dies, would they have to either sell, or buy the daughters out or could they just move in?

Normally, that would mean that the new person owned whatever share he had - e.g. if 1/3 was left to you and your sister and the other 2/3 to him outight, then his beneficiary would own 2/3 and you and your sister 1/3, and they could either buy you out, or sell the houe to pay you all out, or you could reach an agreement with them for them to pay you rent for your share.
They would be entitled to move in, but so would you and/or your sister.

TBagpuss

LoopyLoops wrote: »

I can't even go and see a solicitor on my own can I? It has to be an executor doesn't it? My aunt's health and some other things in her life are making it hard for her to do anything about it. Don't want to keep on at her about it, feel like I am nagging, but I am worried that he could do just keep delaying paying my sister and I off.

No, you can go and get advice about your rights - you'd need to take a copy of the will with you, and they can advise you about what the will means and what you are entitled to now and later.

If action needed to be taken then at that point it would need to involve whoever is the trustee under the wil.