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What to do with money left to grandchildren who aren’t old enough yet

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Comments

  • Land_Registry
    Land_Registry Posts: 6,326 Organisation Representative
    Part of the Furniture 1,000 Posts Name Dropper

    If it is in all 3 names you don't 'need' to update the register as the death is factual and can be proven as and when the property is next dealt with for example. The TIC aspect you refer to is protected by a form A restriction normally but we don't register the % shares. If they change that's a private matter so again nothing to update.

    However you can update the register if you wish to. Some choose to simply for clarity and as they are sorting out the family affairs etc HMLR Guide: Start - External  · HM Land Registry

    Official Company Representative
    I am the official company representative of Land Registry. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"
  • Colliedog1
    Colliedog1 Posts: 13 Forumite
    10 Posts
    edited 25 May at 1:59PM

    Thank you for that useful information. I will leave it as it is for now whilst I get everything else sorted.

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