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Unwanted inheritance

55 replies

didsnbump · 14/05/2013 21:14

Hi my grandfathers brother-in-law has just passed away and he is due to inherit what he had in savings. My grandfather is 92 and doesn't want the money as it will only get taken to pay for his care.
Does anyone know how we get round this so that we can share it between the rest of the family as my grandfather wants?

OP posts:
sillyname · 30/05/2013 19:20

Suggest the op googles deprivation of assets.

Fraud. Plain and simple. Just like benefit fraud. Not acceptable.

ThingummyBob · 30/05/2013 19:27

iirc the deed of variation would only be deemed as depriving the OPs grandfather of capital if it was his partners will in question.

As this inheritance is coming from his bil then he is not depriving himself of capital but merely rewriting the will as it were. (His bil would certainly not have been expected to stump up for care home fees for grandfather if he was alive)

Arranging ones financial affairs in order to legitimately reduce tax under current legislation is no more immoral than being a spendthrift in my mind. This seems to me to be the same type of thing.

OP, see a solicitor though of course.

ThingummyBob · 30/05/2013 19:30

Allinatizz you can give plenty of cash away over £250 perfectly legally, without the need to survive 7 years Hmm

See here

Mendi · 30/05/2013 21:05

No, WeAllHaveWings, I quite plainly was not suggesting the OP 'commit fraud'. I was asking an open question.

As an officer of the Court I would never encourage unlawful behaviour of any kind.

allinatizz · 03/06/2013 13:52

oh ok, thanks thingummy

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