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Having a mental breakdown over situation

6 replies

FrostMoon · 07/04/2024 17:47

Mum died last summer. Me and my sister are executors. We have to pay 100k inheritance tax. Therefore mum's house has to be sold. Sister is very attached to the house and unfortunately cannot afford to buy out the other 2 beneficiaries. House just went on the market but sister is making it so so difficult. She's trying to delay every step. Not signing when she needs to. Rubbishing the estate agent even though he's done nothing wrong. She's currently living there even though she has her own house. She's constantly having a go at me for just doing what I'm supposed to as an executor. I'm not eating or sleeping because of the stress. Even if we get an offer I can't see her being able to accept it because of her attachment to the house.

I'm at my wits end.

OP posts:
FrostMoon · 07/04/2024 17:58

Sisters house is worth 540k with a mortgage of 60k. Could she transfer her house to me and then I could sell it and split the proceeds with the other beneficiary? We would then reject our claim on the will/estate. My sister could then have the house and the responsibility of paying the inheritance tax.

Is that even possible?

OP posts:
Namechange800 · 07/04/2024 18:01

Why not let your sister sell her house and then buy your mum’s house at Market value?

FrostMoon · 07/04/2024 18:39

She can't afford it. I just want to be rid of the nightmare. She would have mum's house but still have to pay a mortgage and the tax bill

OP posts:
BorgQueen · 08/04/2024 19:00

You could be liable for CGT if she transferred her house to you then you sell it as you’ve never lived there.

givebeesachance · 08/04/2024 19:06

FrostMoon · 07/04/2024 18:39

She can't afford it. I just want to be rid of the nightmare. She would have mum's house but still have to pay a mortgage and the tax bill

Why can’t she afford to sell her house if she’s living in your mum’s house?

xyz111 · 08/04/2024 19:46

@givebeesachance the mums house is probably worth a lot more

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