50 / 50 Inheritance

Mr_starbucks_coffee

Thanks its akward.

gettingtheresometime

A will can, and often is, changed.

Perhaps SIL is trying to help her mum out financially either for no extra gain or an agreed %age.

Tbh I find this question money grabbing even if that wasn't the original intention

marliepanda

Mr_starbucks_coffee wrote: »

Hi basically its my understanding my wifes parents set up a family will when her partner was ill.
We havent seen it although her sister has and its our understanding it was done it 50 /50.
Sadly her partner passed away and since that her sister has started paying the council tax on her mums house but she lives with her boyfriend.
My Question is does this intitle her to more of the house if and when god forbid her mum goes, or would the original will make any changes not possible ?

If you're concerned, why not help mum out with half the council
Tax alongside SIL?

AdrianC

There's no such thing as a "family will".

The now-deceased partner may have had a will. When he died, his assets would have been distributed according to it.
The mother may have a will. She can change that at any time in the future - and, when she dies, her assets will be distributed according to it.

Nothing else makes a difference - no amount of contribution towards the mother's costs makes any difference. Of course, if the mother chooses to gift the property to the sister before she dies, then there's nothing to be left in her will...

xylophone

Did the OP mean that the parents made "mirror wills"?

Or "mutual wills'?

http://www.birketts.co.uk/resources/legal-updates/1371/the-differences-between-mutual-and-mirror-wills/

G_M

Mr_starbucks_coffee wrote: »

Hi basically its my understanding my wifes parents set up a family will when her partner was ill.
So
1) you may have misunderstood?
2) the will may have been changed since then?

Why does you wife not ask her parents?

We havent seen it although her sister has and its our understanding it was done it 50 /50.
3) is that what the sister said? Why not ask the parents?!

Sadly her partner passed away
4) sister's partner? why is that relevant?
5) or do you mean your wife's mother's partner (her father)?
6) what were the terms of the father's will when he died? Did he leave everything to his wife? What did his will say would happen if he and his wife both died together?

7) If/when Probate is/was Granted, you can check here for £7. Read the father's will!

and since that her sister has started paying the council tax on her mums house
8) very generous and kind. Is their mother short of money?
but she lives with her boyfriend.
9) who? mum lives with a boyfriend? Just after dad died?
10) or sister lives with a boyfriend? So what?!

My Question is does this intitle her to more of the house if and when god forbid her mum goes, or would the original will make any changes not possible ?

When mum dies, whatever is in mum's current will at that time will determine who gets what.

An 'original' will can be changed at any time. The changes then determine who gets what.

Or a completely new will can be written. The 'original' will can then be thrown away - it has no further value.

The answer is for your wife to talk to her mum!