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Dad's will, stepmum, house, new Care law

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  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    p00hsticks wrote: »
    If they were tenants in common then each owned a proportion of the house - usually a half each. You father could only will his half of the property - he can't say what happens to his wifes half.

    So when you say you and your sister own a third - do you mean a third of his half - so you actually own a sixth ?

    the op already said it was a 2/3 1/3 TIC so they have 1/3(a 1/6th each).
  • Newly_retired
    Newly_retired Posts: 3,188 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Depending on the age and health of your stepmother, it could be a good idea for her family to buy you out. That way you get your inheritance sooner rather than later, but of course you need to get the right price for it.it will have to be valued for probate anyway. A RICS surveyor will give you a proper valuation.
    Your concern about a care home suggests your stepmother is elderly and may need To go into a care home soon. Again, it would make sense for the house to be sold. Your share cannot be touched for her care costs.
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