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How to get collateral out of home you half own?

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Comments

  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    Mojisola wrote: »
    As we've made our wills totally independently of the children, that argument is a non-starter. It also applies to all the children equally and we have no idea whether any of them will actually be living with us at the time of our passing so it would be hard for one of them to claim that another had manipulated us. :)
    You think minor details like reality will stop 'em...? <grin>
  • aneary
    aneary Posts: 921 Forumite
    Sure I'm aware of that, it was me doing the right thing at the time as my brother was in his early 20's but now riding close to 30 he's got in that routine, so it was a good will thing on my part at the time that later got continued, can't really blame him as it was an easy ride... What's done is done, I just want my part sooner rather than later as want to settle and start a family... No more really needs to be said on the subject now, I get we just need to talk it out and I'll likely have to do most the work and come out looking like the !!!!!! in the proceeds.

    I'm not to trying to be nasty we have a situation where one of my dad's brothers (there were 5 boys in total) has lived with my grandparents all his life, he did used to work but doesn't now, he has a disability which means it is hard for him to get a job but as he has never had to pay bills (other than a bar bill) he isn't keen to get a job. He is 54 my dad (he is 60) is having to sort out his finances, home, everything, if my dad becomes infirm or passes away guess who ends up with the responsibility.

    If you can stop this sort of behaviour early on it will be better for you and him in the long run, you may have to be the !!!!!! now so that things are better later on.
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