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Joint Inheritance - Both Executors - One lives in the House

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Comments

  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    May have expensive drink, drug or gambling habit. May buy expensive cars which depreciate very quickly. May have low paid part time job only or have had long periods of unemployment.

    Also the mother factor and wanting company as well from her children. this will have a negative impact on the sibling as the mother is effectively caring for him to get him to stay and become dependent on her.
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • xylophone
    xylophone Posts: 45,772 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If your mother wishes you to benefit from the inheritance on her death, it would be as well for her will to name only you as executor and direct that the house should be sold and the proceeds split equally between you and your brother?
  • patman99
    patman99 Posts: 8,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    Me and my brother are both executors on my mother's will. The house is to be sold with the estate to be split 50/50.

    If you are unwilling to force a sale, then how about attaching a charge to the property of 50% of it's value at sale once your brother has passed away?.

    Another option is to see if your brother has made a will and if he has, is there provision to leave you any property and assets he may have?.
    Never Knowingly Understood.

    Member #1 of £1,000 challenge - £13.74/ £1000 (that's 1.374%)

    3-6 month EF £0/£3600 (that's 0 days worth)

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