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23 year old Will Situation

  • 13-08-2007 11:14pm
    #1
    Glacier
    Closed Accounts Posts: 647 ✭✭✭


    I inherited my house after my parents died and when we were finishing up the Will the solicitor said I should make a will.
    My Aunt is the person I would want to help most. Her and her Husband recently moved house have been there for year and a half now. Their house wouldn't be as good as mine and they settled for it as they wanted to sell their shop as quickly as possible. They also inherited another house which has to be completely re-developed, my uncle has been working on it for over a year now.
    There is a complication in the family, my Aunt's twin sisters feel they should have gotten the house that my Aunt & Uncle eventually got. It's in the both of their names, My Uncle wants to rent out the house as a source of income once it's ready, my Aunt said that she wouldn't mind giving it to them if it settled the argument between them.
    I would do the best I could for my Aunt which means leaving her my Estate. There's a problem with tax, nephew to an Aunt would be the highest rate of tax so they would need to raise money to buy the house or just have to sell it. Although it's a better house than the one they have, they seemed settled there & I don't see them moving now. I think they would probably just sell it and the Twins would be allowed to live in the other house even if my Aunt and Uncle still own it. That wouldn't leave them a lot better off than they would be renting it out, they would get a large sum instead of rent over years. It's annoying I would want it to help them instead of these other 2 Aunts but I don't how else I could put it. Any Help?
    Thank You


Comments

  • #2
    Rhonda9000
    Closed Accounts Posts: 451 ✭✭Rhonda9000


    You best ask your solicitor Glacier. Sorry to hear of your loss.


  • #3
    grumpytrousers
    Registered Users, Registered Users 2 Posts: 1,884 ✭✭✭grumpytrousers


    You won't, by the way, be helping anybody by making a will...or at least if you do, you won't know 'bout it, as you'll be dead.

    Have you, and i don't mean to be horrible about this, a good reason to think that making a 'will' is going to help anybody; it only becomes active after you pass away.

    Go see a solicitor...


  • #4
    besty
    Registered Users, Registered Users 2 Posts: 4,010 ✭✭✭besty


    Glacier,

    Please read the stickies and the forum charter. We can't allow legal advice be sought and given here as it could potentially compromise Boards.ie.

    Cheers


This discussion has been closed.
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