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Do I need to amend named person on house deeds
Comments
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@adeo are you intending to live with your nephew and partner when the time comes?0
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Yes, if they intend to pay their way! they already know what my plans are for the future.GoogleMeNow said:@adeo are you intending to live with your nephew and partner when the time comes?0 -
adeo said:My dad's wish upon his death in the will is that his grandson continues to lives there rent free, which may cause financial issues for me trying to financially pay for the upkeep of the property, as my dad has named me as owner and landlord!
My dad doesn't financially support his grandson and partner, they do give some housekeeping money to my dad via standing order but not a set amount per month, just seems to be as and when they feel like donating money! I know this as I'm have a joint bank with my dad!If they are living there rent-free, they are being financially supported by your father.Leaving you the house with non-paying tenants is a nightmare. Personally, I'd refuse the inheritance.0 -
This really does sound like a can of worms.
Usually, when a will states that X may remain living in the house, there's a stipulation that they are responsible for maintenance and insurance. In a well-written will, there's provision for X to have some benefit if the house needs to be sold, eg to allow X to move to a smaller or more suitable property.
But is that what your dad's will says, or is it just his wish that you don't require his grandson to move out or pay rent?
There's a question also about your / your dad's status as a landlord. If no rent is changing hands, he's probably not. If you require regular rent, you probably will be, although I don't know what difference it makes if they are lodgers living in your house, rather than tenants. But if tenants,you have a huge raft of legal requirements to meet.
Is there any reason this couple can't pay regularly? Special needs etc?Signature removed for peace of mind0 -
They are contributing payments to my dad's bank account via standing order but randomly IE not regular intervals,but it's not been specified as rent, I suppose it's housekeeping ie towards utilities etc! Refuse inheritance! And then be potentially homeless, I think I will take my chances of excepting my inheritance!Mojisola said:adeo said:My dad's wish upon his death in the will is that his grandson continues to lives there rent free, which may cause financial issues for me trying to financially pay for the upkeep of the property, as my dad has named me as owner and landlord!
My dad doesn't financially support his grandson and partner, they do give some housekeeping money to my dad via standing order but not a set amount per month, just seems to be as and when they feel like donating money! I know this as I'm have a joint bank with my dad!If they are living there rent-free, they are being financially supported by your father.Leaving you the house with non-paying tenants is a nightmare. Personally, I'd refuse the inheritance.0 -
Savvy_Sue said:This really does sound like a can of worms.
Usually, when a will states that X may remain living in the house, there's a stipulation that they are responsible for maintenance and insurance. In a well-written will, there's provision for X to have some benefit if the house needs to be sold, eg to allow X to move to a smaller or more suitable property.
But is that what your dad's will says, or is it just his wish that you don't require his grandson to move out or pay rent?
There's a question also about your / your dad's status as a landlord. If no rent is changing hands, he's probably not. If you require regular rent, you probably will be, although I don't know what difference it makes if they are lodgers living in your house, rather than tenants. But if tenants,you have a huge raft of legal requirements to meet.
Is there any reason this couple can't pay regularly? Special needs etc?
I may upload a edit of dad's will later. They do pay non regular standing order to my dad supposedly towards housekeeping IE utilities etc. My Dad's grandson receives pip benefits as he is diagnosed with a very mild Asperger's and ADHD apparently! His partner works zero hours in retail store.Savvy_Sue said:This really does sound like a can of worms.
Usually, when a will states that X may remain living in the house, there's a stipulation that they are responsible for maintenance and insurance. In a well-written will, there's provision for X to have some benefit if the house needs to be sold, eg to allow X to move to a smaller or more suitable property.
But is that what your dad's will says, or is it just his wish that you don't require his grandson to move out or pay rent?
There's a question also about your / your dad's status as a landlord. If no rent is changing hands, he's probably not. If you require regular rent, you probably will be, although I don't know what difference it makes if they are lodgers living in your house, rather than tenants. But if tenants,you have a huge raft of legal requirements to meet.
Is there any reason this couple can't pay regularly? Special needs etc?0 -
Please do that, it is important to understand what it says about his grandson’s right to stay there. If he has been given a life interest he is the beneficial owner and legal ownership is in trust which means you won’t own it until he no longer needs it or dies. If that is the case you don’t actually have the right to live there or charge rent.adeo said:Savvy_Sue said:This really does sound like a can of worms.
Usually, when a will states that X may remain living in the house, there's a stipulation that they are responsible for maintenance and insurance. In a well-written will, there's provision for X to have some benefit if the house needs to be sold, eg to allow X to move to a smaller or more suitable property.
But is that what your dad's will says, or is it just his wish that you don't require his grandson to move out or pay rent?
There's a question also about your / your dad's status as a landlord. If no rent is changing hands, he's probably not. If you require regular rent, you probably will be, although I don't know what difference it makes if they are lodgers living in your house, rather than tenants. But if tenants,you have a huge raft of legal requirements to meet.
Is there any reason this couple can't pay regularly? Special needs etc?
I may upload an edit of dad's will later. They do pay non regular standing order to my dad supposedly towards housekeeping IE utilities etc. My Dad's grandson receives pip benefits as he is diagnosed with a very mild Asperger's and ADHD apparently! His partner works zero hours in retail store.Savvy_Sue said:This really does sound like a can of worms.
Usually, when a will states that X may remain living in the house, there's a stipulation that they are responsible for maintenance and insurance. In a well-written will, there's provision for X to have some benefit if the house needs to be sold, eg to allow X to move to a smaller or more suitable property.
But is that what your dad's will says, or is it just his wish that you don't require his grandson to move out or pay rent?
There's a question also about your / your dad's status as a landlord. If no rent is changing hands, he's probably not. If you require regular rent, you probably will be, although I don't know what difference it makes if they are lodgers living in your house, rather than tenants. But if tenants,you have a huge raft of legal requirements to meet.
Is there any reason this couple can't pay regularly? Special needs etc?
On another point you say they are paying something to your father’s account, have you not informed the bank of his death yet?0 -
AIUI Dad is still very much alive.Keep_pedalling said:On another point you say they are paying something to your father’s account, have you not informed the bank of his death yet?#2 Saving for Christmas 2024 - £1 a day challenge. £325 of £3660 -
No! That's because dad is alive and kicking!Keep_pedalling said:
Please do that, it is important to understand what it says about his grandson’s right to stay there. If he has been given a life interest he is the beneficial owner and legal ownership is in trust which means you won’t own it until he no longer needs it or dies. If that is the case you don’t actually have the right to live there or charge rent.adeo said:Savvy_Sue said:This really does sound like a can of worms.
Usually, when a will states that X may remain living in the house, there's a stipulation that they are responsible for maintenance and insurance. In a well-written will, there's provision for X to have some benefit if the house needs to be sold, eg to allow X to move to a smaller or more suitable property.
But is that what your dad's will says, or is it just his wish that you don't require his grandson to move out or pay rent?
There's a question also about your / your dad's status as a landlord. If no rent is changing hands, he's probably not. If you require regular rent, you probably will be, although I don't know what difference it makes if they are lodgers living in your house, rather than tenants. But if tenants,you have a huge raft of legal requirements to meet.
Is there any reason this couple can't pay regularly? Special needs etc?
I may upload an edit of dad's will later. They do pay non regular standing order to my dad supposedly towards housekeeping IE utilities etc. My Dad's grandson receives pip benefits as he is diagnosed with a very mild Asperger's and ADHD apparently! His partner works zero hours in retail store.Savvy_Sue said:This really does sound like a can of worms.
Usually, when a will states that X may remain living in the house, there's a stipulation that they are responsible for maintenance and insurance. In a well-written will, there's provision for X to have some benefit if the house needs to be sold, eg to allow X to move to a smaller or more suitable property.
But is that what your dad's will says, or is it just his wish that you don't require his grandson to move out or pay rent?
There's a question also about your / your dad's status as a landlord. If no rent is changing hands, he's probably not. If you require regular rent, you probably will be, although I don't know what difference it makes if they are lodgers living in your house, rather than tenants. But if tenants,you have a huge raft of legal requirements to meet.
Is there any reason this couple can't pay regularly? Special needs etc?
On another point you say they are paying something to your father’s account, have you not informed the bank of his death yet?0
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