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Dad has Dementia. Best course of action to protect assets?
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Thank youxylophone said:And Land Registry entry still shows my grandfather's nameYour father was sole administrator (Personal Representative) and sole beneficiary of your late grandfather's estate. Your grandfather died in 1993. There was an outstanding mortgage on his property.
Your father took over the payment of the mortgage as PR of his father.
The property has never been assented or transferred into your father's own name.
Your mother is consulting a solicitor concerning the repayment of the loan and the re -registration of the property.
Ideally it will be re-registered in the names of both your parents on a tenants-in-common basis.
See my previous post.0
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