Soldato
- Joined
- 7 Jan 2007
- Posts
- 10,608
- Location
- Sussex, UK
Split it with your brother - Why wouldn't you?
Jesus. Why would you not split it with your brother?
Split it with your brother - Why wouldn't you?
Thanks for reply cold fusion. Don’t really want to involve the soliciter though if at all possible as it got a bit “ heavy” last time round, as my father had lots of funds in the Bank, which were finally distributed to all our family (there are 5 of us).
Thnaks.
As the trains will form part of your father's estate then it is quite likely that they too would need to be split between all family members if there is no will present. Just because they are in the house doesn't mean they are part of the house so I don't think the 50/50 split on the house matters in this case.
I would argue that they were gifted to the disabled brother at point of purchase and are in fact his property.Indeed, it seems like morally they should be sold and the proceeds used for the disabled brother as per the father wishes (whether that be paying for his better room in the home or buying some nice things for it etc..) but legally it seems like it should be a 5 way split including the sisters who are apparently not even aware of the existence of the train stuff.
As the trains will form part of your father's estate then it is quite likely that they too would need to be split between all family members if there is no will present. Just because they are in the house doesn't mean they are part of the house so I don't think the 50/50 split on the house matters in this case.
I would argue that they were gifted to the disabled brother at point of purchase and are in fact his property.
Thanks RDM
If by law, the train collection counts as the “estate” though not mentioned in his will, and that it should be split between all family members, then I’m happy with that. But where does that leave : The grandfather clock? China cabinet? ,bone china, plates, ...garden tools even! None which i brought (though I did give my father 10% towards an expensive grand piano costing many thousands which is still in the house).
Thanks.
Sell the trains, get a receipt and use the money to pay for your brother's care for the the next few years. Don't get into a debate, don't consult your family. After you have the proceeds tell everyone there is a payment holiday after which you will all revert to paying an equal shares on a set date when the money is depleted. Tell your younger brother to grow up, he has inherited half a house through no effort of his own, to begin quibbling about a couple of grand when your other brother needs full time care is missing a much bigger picture. He needs to be thankful for what he already has.
Just my 2 cents.
Depending on the value of the trains, the brother in care having savings can cause issues with amount of support he currently receives and the way it is funded. Could well end up with it being taken anyway and some paperwork hassle.
Sell the trains, get a receipt and use the money to pay for your brother's care for the the next few years. Don't get into a debate, don't consult your family. After you have the proceeds tell everyone there is a payment holiday after which you will all revert to paying an equal shares on a set date when the money is depleted. Tell your younger brother to grow up, he has inherited half a house through no effort of his own, to begin quibbling about a couple of grand when your other brother needs full time care is missing a much bigger picture. He needs to be thankful for what he already has.
Just my 2 cents.
The main thing is, are you sure everything in the house wasn't included in the will? I struggle to believe that a competent solicitor would only think about the house and not expensive contents... given it's the sort of house that has space for a grand piano, for example.
In which case do as I suggested and use the proceeds to fund your joint liability to top up his care by the £2k per year. I think that if you get into a drawn out discussion it will end badly as you will have to entertain the opinions of 4/5 people which will inevitably differ. By taking an executive decision which is equally distributing the asset through the settlement of a joint liability you are not depriving anyone.I had financial assessment before he went in the home. Anything BELOW £23,250 (may have changed now dont know) means he doesn’t have to pay anything at all, and the house isn’t taken into consideration. It was below this amount. Anything above this means he would have to pay full costs until the monies goes below this £23,250.
In which case do as I suggested and use the proceeds to fund your joint liability to top up his care by the £2k per year. I think that if you get into a drawn out discussion it will end badly as you will have to entertain the opinions of 4/5 people which will inevitably differ. By taking an executive decision which is equally distributing the asset through the settlement of a joint liability you are not depriving anyone.
Jesus. Why would you not split it with your brother?
Everything 50-50.
It's not one person gets the books and the other gets the videos - everything is owned 50-50.
You mean what was in the house at the time the will was made? As Since’ the will was made, some things have come - and gone. I spent £6,500 on a special needs shower for my brother last year for my/our house - out my own money.Everything 50-50.
It's not one person gets the books and the other gets the videos - everything is owned 50-50.