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Question about distribution....

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Comments

  • Yorkshireman99
    Yorkshireman99 Posts: 5,470 Forumite
    Savvy_Sue wrote: »
    Um... I don't think they can do it without the other person's knowledge. My parents severed their joint tenancy before making their wills, and I seem to remember finding notification from each to the other of this act.
    Severing a tenancy cannot be done without the knowledge of the other party. Part of the process IS giving them notice.
  • Keep_pedalling
    Keep_pedalling Posts: 22,494 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sounds like smiley lady is very bitter about this, but in reality this was probably a sensible thing to do, with two elderly people in poor health. She should remember had the tenancy not been spilt and her father had been the one to die first the whole property would have gone to her step mother and she and her sister would have inherited none of it.

    Sounds like her father still had plenty of other assets to distribute to his too children so she has hardly been hard done by.
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    PPS apparently some unscroupulous people do this before divorce cases to the other spouse in the U.K.....

    Unscrupulous or clueless? Whether a property is tenants in common, joint tenancy or in the sole name of one spouse makes zero difference in a divorce case because all property is an asset of the marriage and unless it's a short one the starting point would be a 50/50 split.
  • Kynthia
    Kynthia Posts: 5,692 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Malthusian wrote: »
    Unscrupulous or clueless? Whether a property is tenants in common, joint tenancy or in the sole name of one spouse makes zero difference in a divorce case because all property is an asset of the marriage and unless it's a short one the starting point would be a 50/50 split.

    It could be that people do it once separated because they now want someone other than their spouse to inherit should they die before the divorce. Again this is sensible.
    Don't listen to me, I'm no expert!
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