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Bequeathed business, power of attorney someone wants to rent but owner on cusp of life... Say yes or no?

(3 Posts)
AlPacinosHooHaa Wed 22-Mar-17 15:39:22

I have been 1) bequeathed shop to rent by relative who has been trying to rent it out.
2) I have bean given power of attorney and someone's is interested in renting.
3) THE relative condition has suddenly worsened and may not make the week.
4) there is little cash assets in estate, little ready cash ie under 1500 BUT shares that relative wants sold to pay any behest and debt.
5) ie the estate could do with money coming in.

My dilemma do I say to agents, go for it and get ball rolling whilst relative alive or wait until passing and Probate etc???

Allthebestnamesareused Fri 24-Mar-17 19:22:05

If the relative wanted to rent it out and you are going to inherit it then I see no problem in it being rented now. You say it is bequeathed to you to rent so I make the assumption you are being left it due to the use of the word bequeathed.

whataboutbob Mon 27-Mar-17 21:41:56

Or do you mean the owner has asked you, as his/ her POA, to rent it out for them?

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