Inheriting property from step mum

tlc678910

This sounds very messy to me. Your step mum wants to leave a share to your siblings but they only see their inheritance if you decide to move or sell (or die) but why would you move or sell when half the house is paid for and you would lose that money if you do.

The only way your siblings are likely to see an inheritance is to challenge it. I find it strange you can't see the irony of calling your siblings money grabbing while wanting to tie up the money of your terminally ill step mum before she dies (and make double sure your siblings can't get the share that your step mum actually wants them to have) as you see it as the only way you will get on the housing ladder and leave something to your kids.

How about waiting for your step mum to pass before squabbling over her inheritance and then in time accepting the actual share she chose to give to you gratefully. If that share is not enough to allow you to buy a property then that's the way it is. Perhaps through your own determination you could work, save and buy a property - many people do.

Tlc

Lizzibuff

tlc678910 wrote: »

This sounds very messy to me. Your step mum wants to leave a share to your siblings but they only see their inheritance if you decide to move or sell (or die) but why would you move or sell when half the house is paid for and you would lose that money if you do.

The only way your siblings are likely to see an inheritance is to challenge it. I find it strange you can't see the irony of calling your siblings money grabbing while wanting to tie up the money of your terminally ill step mum before she dies (and make double sure your siblings can't get the share that your step mum actually wants them to have) as you see it as the only way you will get on the housing ladder and leave something to your kids.

How about waiting for your step mum to pass before squabbling over her inheritance and then in time accepting the actual share she chose to give to you gratefully. If that share is not enough to allow you to buy a property then that's the way it is. Perhaps through your own determination you could work, save and buy a property - many people do.

Tlc

Actually, this is my mums wish and my mums idea, I have been reluctant to do it for months and have been putting her off. PLus, I am the only one of her children that has made any real effort with her. I live furthest away from her but am in constant touch helping her and fighting the problems shes had with care homes - none of this has been done by my siblings. My sister hasn't seen her in over 2 years and refuses to allow mum to attend her wedding - have you any idea how upsetting that is for a mum??? I can bet tho she will be first in line wanting money when her mum dies. I appreciate you wouldn't have known all these details from my post so far but please don't attack someone unless you know the full story. Although at mo, it is very difficult to get on the property ladder, this is because I'm currently paying high rental fees and cannot afford to save a deposit at the same time. My mum is trying to help me and I dnt wish my siblings to take the ryg from under my feet, when i am just getting things sorted. I can easily afford a mortgage on half the house and have ever intention to save as well so that when mum does die, I will hopefully have some money saved to remortgage and buy out my siblings. I just don't want to be forced into selling something i will have (by then) worked hard to achieve.

tlc678910

I appreciate families are complicated and if your stepmum wanted to leave you her money/property that is her choice and straightforward. The problem is that she does want to leave money to your siblings but they are not going to receive it as it is in a house they cannot force the sale of. I think your step mum should decide either she wants to leave money to your siblings or she doesn't. It is not the same as a partner having right to reside as you are the same generation as the other beneficiaries and they will never see an inheritance if they pre-decease you.

Lizzibuff

tlc678910 wrote: »

I think your step mum should decide either she wants to leave money to your siblings or she doesn't. It is not the same as a partner having right to reside as you are the same generation as the other beneficiaries and they will never see an inheritance if they pre-decease you.

No again another incorrect assumption - my younger siblings are 20 years younger than me!!