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Hi, When I divorced I got to keep the house so I changed my will leaving the house to my 2 kids both adults. My special needs son 29 lives with me and he's been a great help all around plus he's helping me with the removal costs,solicitors bill,estate agent etc we're going half each on everything as he has savings. What I think I should do is, put the new house is joint names but I don't know how my daughter will react. She's married and hasn't done much to help i-e packing,sorting etc and I can't see her helping out with the removal either but I still want to leave her something when I bow out as it were. Any advice much appreciated! tia.
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For more on marking an answer as the "Best Answer", please visit our FAQ.It seems to me that as he is contributing materially to the move, plus its his home, its right that he shouldn't have to leave it when you die. I am not a legal expert but maybe you could leave your half of the house to your son for his lifetime or for as long as he is able to live there and set things up so that when he dies, or if he chooses to sell the house, or if he needs to live elsewhere for any reason, then your daughter gets a percentage of the value?
My mother and father had this dilemma. My brother lived with them and he had no home of his own. My parents will stated that everything would be divided equally between myself & my brother but I was not allowed to make him sell the home if he still wanted to live there. In effect I would have had the asset of owning half a home but no capital unless a sale occurred.
Thanks for your replies. Maybe I should see my solicitor like Boxtops suggested. I naturally want my son to carry on living in the house when I'm gone.Woofgang your comments make sense so thanks for that and Sycamore,I don't want any problems like you had so i'll see my "legal beagle".oh does it ever stop-; Kat x
So long as you make yourself clear - this is no problem for a wills practitioner and can easily be done. life interest with a remainder springs to mind.
You must have worked out your priorities - a. son has use of house until HE wants to sell ? b. giving d the right to sell over his head means she can dispossess him. c. son dies: surely d gets whole house doesnt she or do you wish him to be able to leave where he wants ? d. daughter dies, son gets whole lot, or are there grandchildren somewhere.
Once you have decided on what you wanna do - go and see a wills pracititioner. Shouldnt cost that much.
and finally - if your d is anything like my family, she will go absolutely apesh+t to learn that in order to get her hands on 'her money', she will have to wait not only for you to die but also her brother.
You must have worked out your priorities - a. son has use of house until HE wants to sell ? b. giving d the right to sell over his head means she can dispossess him. c. son dies: surely d gets whole house doesnt she or do you wish him to be able to leave where he wants ? d. daughter dies, son gets whole lot, or are there grandchildren somewhere.
Once you have decided on what you wanna do - go and see a wills pracititioner. Shouldnt cost that much.
and finally - if your d is anything like my family, she will go absolutely apesh+t to learn that in order to get her hands on 'her money', she will have to wait not only for you to die but also her brother.