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Buying Out Beneficiary - Property
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Yes, it’s myself / solicitor.xylophone said:It is an awkward situation and a great shame that there is a suggestion of "dog in the manger" about the whole business.
It appears that your brother is not an executor and that the will does not give instructions any more precise than that the residue of the estate should be conveyed and made over in equal shares to you and your sibling.
It seems that your sibling has made it perfectly clear that he is not interested in holding on to the property.
Under the circumstances therefore, the executors (who no doubt had the estate valued for probate) could perfectly legitimately transfer the property into your name at fair market value and pay your brother his due in cash?
Who are the executors?0
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