I would be really grateful if anyone can help, or point me in the direction of simple, straightforward advice that won't cost a fortune.
DH and I bought a small property in France. We have a mortgage. We want to leave it to our child in our will. We have no other assets in France.
Does anyone know whether we can add this to our UK will or if we have to make a separate French will?
Child is currently living in the property and will remain there indefinitely.
Child will contribute to mortgage payments in due course, once earning enough.
Would it be better to gift the property to child before we die, once they can pay the mortgage independently?
Thanks in advance to anyone who can help.
I have a life limiting condition and want DC to be be settled and provided for sooner rather than later. Hence our decision to buy now rather than rent.