Tenants in common after death
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Just_caring
Posts: 120 Forumite
I lost my husband 6 months ago and we had put our house in “Tenants in common” so now 1/2 of the property belongs to my son & grandsons as per his will , I presume I have to inform someone of the change in ownership and can I do this myself rather than pay a solicitor, there isn’t any inheritance tax to pay.
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Comments
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Did the will give you the right to live there?0
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Yes I own the the 50%0
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OK try again.
did your husbands will give you the right to live in his share1 -
OK this is a continuation from this thread
https://forums.moneysavingexpert.com/discussion/6200246/probate-for-tenants-in-common#latest
Looks like your kids/grandkids have not inherited anything.
Hubby's share has gone into a trust with you as the life tenant.
read up on IPDI trusts (Immediate Post Death Interest)1 -
Thank you getmore4less I hadn’t realised I had already asked this question and will read up on IPDI0
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