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Grieving and inheritance advice
Comments
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Keep_pedalling wrote: »There would only be a absolute right to live there if there was a lifetime trust written in the will, the trustees could force a sale if they believe it was in the best interest of the beneficiaries of the trust.
And it could be hit by lightning...
The trustees cant do anything until the inheritance is finalised. At that point the OP can occupy the house, end of. If the trustees want to force a sale that is totally separate (the same as any situation with multiple owners!)0 -
toothfairybuttkicker wrote: »Hi Thanks for your reply.
The estate is just below IHT (luckily)
The property wouldn't be profitable initially, however the property has doubled in value over the last 10 years. The rental can be invested in the children's trusts and my pension pot (i'm 40). Looking at the long term picture.
Being a Landlord wouldn't phase me. I have a little experience of it through work.
- I know i don't have to leave my marital property however the environment is very hostile and i cant take much more. If i'm honest I saw it coming. He said he was going to wait till after the funeral!!
There is 6.5 years left on the mortgage. He would not sell the property as it was the home he grew up in.
I am an executor along with my father's solicitor. The estate could take months to sort.
I would have been married 19 years this year.
I have had a discussion with an IFA this afternoon and he has suggested putting the whole of my dads property into trust as a way of protecting it from my husband. Any thoughts??
Thanks x
The court could reverse that during the course of the divorce.
Are you willing to give up your claim on the marital home? If not, there is no reason to consider doing this and trying to maintain any moral high ground.0
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