Buying out siblings advice

shiraz99

tls123 said:

I think you have misunderstood the transaction the solicitor has advised your siblings take independent advice but they don’t have to, I think from the info from your post the solicitor just meant they were acting for you not them. If you have all agreed then your solicitor should be able to handle it if your siblings don’t want to pay for their own solicitor. I would just tell the solicitor as we have all agreed the transaction my siblings don’t want to instruct a solicitor

That's not it at all. I've already explained on a couple of occasions that my siblings will unlikely be seeking their own legal representation yet my conveyancer is insisting they need a solicitor to perform the money transaction.

shiraz99

tls123 said:

I disagree I went through a transfer of equity my ex had no legal representation my solicitor acted for me at all times my solicitor informed him he should if he wanted his own legal advice he declined.  She merely asked him to sign the transfer, took his Id and sent him the money. There was no liablity to my solicitor as they had made it clear he could seek his own representation. 

That's a different situation where your ex was an actual party to the transfer. The difference here is the transfer is between the estate and myself with a side note that the consideration is being paid to the other beneficiaries in return for their equitable shares. That said I still don't believe they would need the services of a their own solicitor, not unless they are required to provide an ID1.

RAS

What your lawyer isn't seeking is your confirmation from your siblings. Your siblings need to communicate directly with you lawyer.

tls123

I must of misunderstood I thought as all 3 of you had inherited the property you each owned it in equal shares therefore you were all parties to the transfer since you are buying out their existing shares. I agree with earlier posters seek new solicitor for 2nd opinion if they still insisting your siblings seek their own solicitor even though you have said they will unlikely do so.