Probate Given, and a Promise Unfulfilled

getmore4less

missnosey122 said:

getmore4less said:

For anyone one reading in a similar situation.....

Worth noting  that there was a much quicker way to actually achieve the goal than writing a new will.

Gift 1/2 the house as joint tenants, I think a simple deed would be sufficient until the  land registry was updated..

Trouble is younger sister can't afford to by the 2 older ones out & they want/need their share so property will need to be sold.

IF 1/2 the property had been gifted as joint tenants there would be no buy out needed.

Simpler and quicker than trying to change a will.

The situation they have been left with is different to what could have been done to avoid the situation.

maisie_cat

getmore4less said:

For anyone one reading in a similar situation.....

Worth noting  that there was a much quicker way to actually achieve the goal than writing a new will.

Gift 1/2 the house as joint tenants, I think a simple deed would be sufficient until the  land registry was updated..

That's what my mum is doing with my youngest brother so that the house passes to him and there is no probate, it does appear to be much simpler.
The other 6 of us have all had the opportunity to own property, the fact that only the girls do is another story.

missnosey122

getmore4less said:

missnosey122 said:

getmore4less said:

For anyone one reading in a similar situation.....

Worth noting  that there was a much quicker way to actually achieve the goal than writing a new will.

Gift 1/2 the house as joint tenants, I think a simple deed would be sufficient until the  land registry was updated..

Trouble is younger sister can't afford to by the 2 older ones out & they want/need their share so property will need to be sold.

IF 1/2 the property had been gifted as joint tenants there would be no buy out needed.

Simpler and quicker than trying to change a will.

The situation they have been left with is different to what could have been done to avoid the situation.

How are two older sisters going to get their inheritance. Surely it's either a full sale Or younger sister buys older ones out of their 25% using the 1/2 as a deposit for a mortgage if financially able to which OP is suggesting not.

p00hsticks

missnosey122 said:

getmore4less said:

missnosey122 said:

getmore4less said:

For anyone one reading in a similar situation.....

Worth noting  that there was a much quicker way to actually achieve the goal than writing a new will.

Gift 1/2 the house as joint tenants, I think a simple deed would be sufficient until the  land registry was updated..

Trouble is younger sister can't afford to by the 2 older ones out & they want/need their share so property will need to be sold.

IF 1/2 the property had been gifted as joint tenants there would be no buy out needed.

Simpler and quicker than trying to change a will.

The situation they have been left with is different to what could have been done to avoid the situation.

How are two older sisters going to get their inheritance. Surely it's either a full sale Or younger sister buys older ones out of their 25% using the 1/2 as a deposit for a mortgage if financially able to which OP is suggesting not.

According to the OP, the will that was in the process of being drawn up would have left the property soley to the younger sister anyway - getmoreforless was pointing out that the same result could have been achieved by simply naming the youngest sister as a joint tenant of the property while  the mother was still alive - it woudl then have passed to her automatically on her mothers death regardless of what any will said.