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Family home
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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.2
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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.
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Yes, my father did that in case one of his children was living at home when he died.Blue_Butterfly said: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.
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 500
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