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Advice gratefully received!

5 replies

pibbly · 18/08/2006 12:06

Hi Just wondered if someone legal can help.
Dp's father died about 2 years ago.Dp's brother has power of attorney for his mum who is now in a home.They have recently sold the house.Half of the proceeds are for their mum the other half[their dads half]is to be divided between the 3 siblings.How long would dp have to wait for his share?
Thanks in Advance.

OP posts:
pibbly · 18/08/2006 12:23

Bump..i have changed my name!Whoo hoo.I feel rather grasping asking this but i can't find any info and the siblings don't really communicate and the money would be hugely useful.Tho it's sad too because of the circumstances..so mixed feelings really.

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Bugsy2 · 18/08/2006 13:22

If half the house was in the father's name, then I would have thought the proceeds from that half of the sale would be subject to inheritance tax & such like.
It is an almost impossible question to answer pibbly, because you have given so little information.
Did your dp's father leave a will? What happened to the rest of his assets?

pibbly · 18/08/2006 13:25

Yes it's in the will.I think everything else is for his mum.I t is just his father's half of the house proceeds to be divided between the siblings.I just wondered about the length of time.The house has been sold.

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pibbly · 18/08/2006 13:32

I just wondered if we are looking at next year or within a month or so and as it's just the house which i don't think is eligible for inheritance tax i wondered if it would be quick.
The house is sold,the money is in the bank.What now?

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Bugsy2 · 18/08/2006 13:37

I guess it depends on the terms of the will. Is a solicitor involved? Might be worth a call to them to find out more, or else I think you are going to have to bite the bullet & chat to your dp's brother.

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