Left The House In My Late Mum's Will But My Sisters Refuse To Sell It-HELP!
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But will her benefits not stop if she doesnt gave property up for sale. Ive read you have to inform dwp as soon as probate is granted, then house goes up for sale straight away and you get 26 weeks grace from dwp then they stop your benefits??. Its only what ive read on other posts so note sure???0
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Post 225 does raise an interesting point ( at least to me as a layperson:)) - if a property is left in a will as 3 equal shares DOES a sale have to be carried out ? eg if 2 of the beneficiaries see it as an appreciating asset for the future, doesn't a simple majority hold sway ?? Or are the two obliged to buy the third person's share out ??0
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But will her benefits not stop if she doesnt gave property up for sale. Ive read you have to inform dwp as soon as probate is granted, then house goes up for sale straight away and you get 26 weeks grace from dwp then they stop your benefits??. Its only what ive read on other posts so note sure???brewerdave wrote: »Post 225 does raise an interesting point ( at least to me as a layperson:)) - if a property is left in a will as 3 equal shares DOES a sale have to be carried out ? eg if 2 of the beneficiaries see it as an appreciating asset for the future, doesn't a simple majority hold sway ?? Or are the two obliged to buy the third person's share out ??0
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brewerdave wrote: »Post 225 does raise an interesting point ( at least to me as a layperson:)) - if a property is left in a will as 3 equal shares DOES a sale have to be carried out ? eg if 2 of the beneficiaries see it as an appreciating asset for the future, doesn't a simple majority hold sway ?? Or are the two obliged to buy the third person's share out ??
Will depend on the exact wording which routes are available.
The will may allow the executors to assent the property to the benificiaries thus wiping their hands of the issue(as executors)
Then it becomes a forced sale situation just like any other property dispute with more than one owner(eg divorce).0 -
getmore4less wrote: »Will depend on the exact wording which routes are available.
The will may allow the executors to assent the property to the benificiaries thus wiping their hands of the issue(as executors)
Then it becomes a forced sale situation just like any other property dispute with more than one owner(eg divorce).0 -
As far as a sale is concerned yes just a timescale issue, the ability to assent if the will allows just offers another delay tactic options.0
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getmore4less wrote: »As far as a sale is concerned yes just a timescale issue, the ability to assent if the will allows just offers another delay tactic options.0
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But will her benefits not stop if she doesnt gave property up for sale. Ive read you have to inform dwp as soon as probate is granted, then house goes up for sale straight away and you get 26 weeks grace from dwp then they stop your benefits??. Its only what ive read on other posts so note sure???
This is a good point. OP could lose her benefits if there's too much of a delay.0 -
No actual knowledge but how can this be so when the OP is not an executor and thus has no direct control over the sale, etc.
Also on a more personal note to this thread; from what I have read between the lines, the OP does not need any more to worry about. Speculation will only further add to the stresses the situation she finds herself in have already created.0 -
nom_de_plume wrote: »No actual knowledge but how can this be so when the OP is not an executor and thus has no direct control over the sale, etc.
Also on a more personal note to this thread; from what I have read between the lines, the OP does not need any more to worry about. Speculation will only further add to the stresses the situation she finds herself in have already created.0
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