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Joint tenants and trusts

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  • cheshireperson
    cheshireperson Posts: 22 Forumite
    10 Posts Second Anniversary Photogenic
    Dear Keep - pedalling . I am so grateful to you for taking the time to respond so clearly and with such patience . I’ll just pretend I’ve not noticed and keep it as it is ! Thank you again . 
  • RAS
    RAS Posts: 35,545 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I'm sorry to say that on this sub-forum and elsewhere on MSE we've heard multiple times of IPDI trusts being included in wills without anyone severing the tenancy. Which isn't an issue in your situation.

    But where there are blended families it has meant that that sometimes the first deceased's children have received nothing on the second death and it has gone to the survivor's children/new husband/nieces/cousins. Or much of the estate has been gifted prior to the second death.

    Not an issue for you but people who think an IPDI trust is in their will need to check, and get the tenancy severed if  they want to protect assets for their descendants.
    If you've have not made a mistake, you've made nothing
  • cheshireperson
    cheshireperson Posts: 22 Forumite
    10 Posts Second Anniversary Photogenic
    edited 13 May at 9:51PM
    I can imagine how devastating that is . I wonder whether solicitors are not aware of this sometimes ! 
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