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Land Joint Tenants 0r Instructions In Will - Which Takes Precedence?
Comments
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Without Bill's signature this will not happen
Perhaps make sure all parties understand what will happen. If that isn't what mum actually wants to happen, change the ownership from joint tenants to tenants in common - easy to do and Bill doesn't have to agree.I am not a cat (But my friend is)0 -
The other owner doesn't have to agree to a severance of a joint tenancy.Alter_ego said:
Without Bill's signature this will not happenPerhaps make sure all parties understand what will happen. If that isn't what mum actually wants to happen, change the ownership from joint tenants to tenants in common - easy to do and Bill doesn't have to agree.
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Yes it will. He doesn't have to agree, as previously stated. See https://www.gov.uk/joint-property-ownership/change-from-joint-tenants-to-tenants-in-common for how to do it.Alter_ego said:
Without Bill's signature this will not happen
Perhaps make sure all parties understand what will happen. If that isn't what mum actually wants to happen, change the ownership from joint tenants to tenants in common - easy to do and Bill doesn't have to agree.Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!0 -
It does form part of Mrs Smith's taxable estate.Tigsteroonie said:The land does not form part of Mrs Smith's estate, Bill keeps the land as he is the remaining owner. Everything else she has is 'estate' and is split 50:50.0
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