This is quite niche but I’m hoping someone might be able to help. I have a sibling in their 40s who has a long standing (20+ years) drug and alcohol addiction. We’ve tried everything to help them but they relapse every time. They still live with our parents and their life is basically doing cash-in-hand jobs to earn enough money to feed their addiction. They also have children from previous relationships who they don’t have custody of but do still see.
As our parents age I’m becoming increasingly worried about what happens after they die. Our parents don’t have much but they have both worked bloody hard (and still do) and were the first people in their families to buy their own home. Assuming my sibling is still alive at that point, we’re very worried that the house (my parents’ only asset) will become theirs as they live there and will eventually be sold to pay off drug debts.
My parents want to set something in stone while they’re still capable which means that legally my siblings share of any inheritance goes to my nieces & nephews, not my sibling, to prevent this happening.
Has anyone been in a similar situation? Is it as simple as my parents changing their wills then the executor of the will (me) setting up a trust so my siblings share of their estate goes into the trust for when my nieces & nephews reach adulthood? Also legally could I evict my sibling from the house if it’s been their home all their life?