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share of additional property - how best to deal with this in will?

A property was owned by a charitable organisation, call it A,  and an individual, call her B, as tenants-in-common. B only owned a minority share. ( Possible value of around £90K for this share ).   B died, and her relative C who was her carer, continues to live in the property, with the agreement of A, to whom she pays rent.
In B's will, her share of the property was left to four beneficiaries, in unequal shares, one of them being the occupant C. The charity and the other beneficiaries have so far been happy for the arrangement to continue as long as required.The property would be sold once C dies or moves out. C is the youngest of the beneficiaries by a long way and looks unlikely to want to move. Nobody is pressuring her to do so.
How should any of these beneficiaries deal with their share of this property in making/ updating their wills? Two of them are elderly, so a solution might be needed sooner rather than later.
I hope this makes sense and would appreciate any comments.
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Comments

  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    There will be more info around this dependent on relationships and probably other terms.

    From the limited info.

    obvious solution is leave their interests to the charity or to the surviving owners.

    Why is rent only paid to A?

  • Newly_retired
    Newly_retired Posts: 3,325 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    To answer tha last part, the others are happy not to charge rent, as C is a vulnerable person with only benefits for income.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Was there any life interest given from B to C
  • Newly_retired
    Newly_retired Posts: 3,325 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Sorry I don’t know.
  • Newly_retired
    Newly_retired Posts: 3,325 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    C ‘s father is executor of B’s estate, with C as a reserve. C’s brother and a cousin are the other beneficiaries.  
    At things stand at the moment, if C’s father dies first, there will be one almighty muddle to sort.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Makes a difference might be a good idea to find out.
  • Newly_retired
    Newly_retired Posts: 3,325 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Sorry, I cannot demand that information, but I would think it highly unlikely, given that there was initial uncertainty how the charity would react to the situation. This was after all a minority share.
  • Newly_retired
    Newly_retired Posts: 3,325 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Sorry, I cannot demand that information, but I would think it highly unlikely, given that there was initial uncertainty how the charity would react to the situation. This was after all a minority share.
  • RAS
    RAS Posts: 36,621 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You cannot demand but if the situation re C or their father comes up, it may be possible to ask what if, innocently, and perhaps encourage a little more thought about the situation in advance of the mess.

    Now you understand tht there could be a mess
    If you've have not made a mistake, you've made nothing
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Sorry, I cannot demand that information, but I would think it highly unlikely, given that there was initial uncertainty how the charity would react to the situation. This was after all a minority share.
    You gave the impression you were an interested party perhaps in an advisory capacity re the wills.
    How should any of these beneficiaries deal with their share of this property in making/ updating their wills? Two of them are elderly, so a solution might be needed sooner rather than later.
    there is missing info which could make some suggestions impractical and if you are acting in any advisory capacity you need to know.

    In B's will, her share of the property was left to four beneficiaries, in unequal shares, one of them being the occupant C

    C ‘s father is executor of B’s estate, with C as a reserve. C’s brother and a cousin are the other beneficiaries.  
    At things stand at the moment, if C’s father dies first, there will be one almighty muddle to sort.

    Not clear who the 4th beneficiary is we have, C, brother, cousin, ?????(possibly the father?)

    I would have thought in a situation like this with the Charity having  the major interest in a property that will eventually get sold they keep track of the beneficial interests through the chain of beneficiaries and their wills.

    The first question is if the 4 had their share now who would they want it to go to, any reasons not to  have them down as next in line?

    The other option is to consolidate the shares towards the charity or C  but if C has, no one obvious like their own children then there may be someone else  within the family that the shares could get directed eg the brothers kids if any.

    re: the potential  life interest, if it was expected to be sold when B died then probably unlikely to be one if C remaining there was a later consideration.)
    The father should know.
    When remaindermen of life interests die before the life tenant it changes things I do not fully understand I have not needed to go into those scenario but could be important here. 

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