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Messed up situation - Helped needed please

4 replies

Betrayedhurt · 25/03/2022 12:12

Hi

Hope everyone is ok. I moved into my Grandparents home with my mother around 10 years ago, after she bought half into the house after her divorce. In that time I have invested alot in the house and added on extensions etc all from my own pocket. My wife moved in with me 17 months ago and we got married last month. We unfortunately lost Mom last year.

My Mom owned 50% of the property and left me the 50% share in her will. My Grandparents each own 25% each.

Since my Mom passed, it has been really hard all living together. We do everything to take care of them full time, all whilst working full time ourselves. I am exectuor to my Grandparents Will and as it stands, they are each leaving their share to myself. My Grandparents have very recently turned nasty and have gravitated towards other family members that basically do not care about them and never have. I am fairly certain I can see where all this is going and I am concerned that my Grandparents will be leaving their 25% shares to other said family members.

If that does happen, where do I stand legally with the house? My wife and I always planned to raise a family here and now it all seems so uncertain. We were already struggling emotionally without Mom and this is just another punch we didn't need, especially with everything we do and have done for them. The situation is so toxic. I don't know if it is age or what it is but we haven't done anything wrong and feel so betrayed.

Really concerned and unsettled and any help would be massively appreciated.

Thank You.

OP posts:
TopCatTheMostEffectual · 25/03/2022 16:33

Your situation is complex for a number of reasons.

Just for starters there is your partial ownership of the home, the long-term nature of your residential arrangements, your additional contributions, the possibility one or both grandparents might need care and the value of their share could be included in their means assessment as well the possibility they leave their share to other family members …

Sorry but you must please seek urgent legal advice to confirm a) what the legal ownership of the home is and b) the legal implications for you.

Alternatively is there any realistic prospect you can simply buy out their share at market value?

Collaborate · 25/03/2022 17:48

@TopCatTheMostEffectual

Your situation is complex for a number of reasons.

Just for starters there is your partial ownership of the home, the long-term nature of your residential arrangements, your additional contributions, the possibility one or both grandparents might need care and the value of their share could be included in their means assessment as well the possibility they leave their share to other family members …

Sorry but you must please seek urgent legal advice to confirm a) what the legal ownership of the home is and b) the legal implications for you.

Alternatively is there any realistic prospect you can simply buy out their share at market value?

I agree wholeheartedly with this. Did you, for example, invest your own money in the property in the expectation/promise that they would leave the property to you?
Hoppinggreen · 25/03/2022 17:52

Bit daft spending money on an extension for a house you didn’t wholly own really.
Seek legal advice to see exactly where you stand as you only own half of the house. If you are not in The UK it’s unlikely people can properly advise here

UnexpectedItemInShaggingArea · 25/03/2022 18:02

Unfortunately you have been foolish to spend money on a house that doesn't belong to you. This is a potentially messy situation. If your GPS needed to pay for care in the future for example. I think you need legal advice and also to emotionally detach from the house as it will cloud your judgement.

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