We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Family home

124»

Comments

  • Is it possible to write a short term life interest trust into a will, say 1 or 2 years? This could give OP security of tenure whilst dealing with grief and sorting out the estate, but not delay the other siblings inheritance long term. It would also give OP more time to make decisions on future housing, than possibly being pressured to move out quickly by siblings.
  • Misha96
    Misha96 Posts: 65 Forumite
    Second Anniversary 10 Posts Name Dropper Photogenic
    Is the OP in any way the dependent of the parent with whom they currently live? If this is the case, Inheritance Act 1975 might be a way forward when the parent dies.
  • Is it possible to write a short term life interest trust into a will, say 1 or 2 years? This could give OP security of tenure whilst dealing with grief and sorting out the estate, but not delay the other siblings inheritance long term. It would also give OP more time to make decisions on future housing, than possibly being pressured to move out quickly by siblings.
    Yes, my father did that in case one of his children was living at home when he died.

    OP, I just cannot for the life of me understand why you would not want to sell the house and buy a small flat all of your own when the time sadly comes that your parents are no longer with you.
    Credit card 2000
    Overdraft 210

    EF 50
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.5K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.5K Spending & Discounts
  • 245.5K Work, Benefits & Business
  • 601.4K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.