father and brother bought house together, live together, what am I entitled to in inheritance?

74jax

PatrickM47 wrote: »

They paid off the (v small) mortgage together.

I stand on my own two feet, have my own home, have helped my father a lot financially etc.

I am rather concerned that when my father passes away my brother will get everything. This would be a kick in the teeth as my brother has always been supported by my father .

Why have you needed to loan money to your dad, if your dad is then giving it to your brother? Fair enough if it's your dad's money and he has enough to help his son out, but if by giving money away he needs you to financially sort him, why don't you just stop.

Your dad seems to like helping him out, or else he would just keep the money and not take from you. Perhaps what he tells you, doesn't reflect in the set up he has because he doesn't want to actually do it.

Mojisola

PatrickM47 wrote: »

My father and brother purchased a house together several years ago.

my father who does most of the work around the house, pays many of the bills, cleans etc. My brother is, and always has been, a scrounger (he lived with my father before this and just lived rent-free like a teenager all of his life before they bought this place together).

my brother has always been supported by my father (sheer laziness, no disability or suchlike)

As your brother is being financially supported by your father, he could have a claim on increasing his share of the will if it doesn't leave him enough to compensate for the loss of your father's support.

HampshireH

Tigsteroonie wrote: »

Think longer term. Do you really want to be left half or even quarter (father's half split between the two of you) of a house where your brother lives as a freeloader? Do you really want that hassle, given that it seems he'll be incapable of managing the house, having an income to maintain the house, but you won't be able to make him leave or force a sale?

Unless it's a millionaire's mansion and therefore worth having, it might be easier to tell your father that you don't want to inherit a share of the house (and perhaps he could leave you other cash or assets instead).

This is a very good post and if i am not mistaken seems to have got lost/missed amongst the others. If you were to get a part of the house you may never be able to benefit from it unless your brother co-operates or after an expensive court battle.

Your posts don't suggest that your brother would willing move out and sell the house if your dad passed.

Soundgirlrocks

ska_lover wrote: »

I hate threads like these. Sorry to those involved, but it is just the way I feel

When people start planning what they might get their hands on before someone dies, it really makes me feel sad

I agree and disagree at the same time.

Talking about these things I think is important how many times have we seen a situation where someone hasn't done a will? Talking about your wishes is important, OP has suggested that their father has spoken about what they want to happen its is
reasonable for the OP to gather information about how the father can ensure that happens. Also honest conversations about how any money may be split can stop falling outs later (although it sounds too late for the OP and their brother)

However I tend to agree anyone thinking about inheritance as a right makes me feel a bit icky.

Pollycat

Soundgirlrocks wrote: »

I agree and disagree at the same time.

Talking about these things I think is important how many times have we seen a situation where someone hasn't done a will? Talking about your wishes is important, OP has suggested that their father has spoken about what they want to happen its is
reasonable for the OP to gather information about how the father can ensure that happens. Also honest conversations about how any money may be split can stop falling outs later (although it sounds too late for the OP and their brother)

However I tend to agree anyone thinking about inheritance as a right makes me feel a bit icky.

I think it's only reasonable for the OP to gather information if his Father has asked him to do so.
If not, it's presumptuous - imho.

Primrose

I don't know how old your father is but if he,s confided to you that he's concerned about the eventual disposition of his assets in the light of your brother,s financial deficiencies, yiu pwrhaps need to confide in hi. That yiu are concerned for his long term welfare when he is older.

Your father definitely needs to make a will. If he mistrusts your brother perhaps your dad would consider appointing you as his power of attorney during his lifetime? That would out you in charge of handling his financial affairs if he were ill, had a stroke or was otherwise unable to handle his financial affairs as he would wish.

I'm afraid if your father is u willing to consider these options now while he has sound mental capacity there is probably little either of you can do to stop things possibly going wrong at a later date.