D
dara
Guest
Hi can someone please help us. My boyfriend knows that he is being left the family home in his fathers will. The financial assets are being left to the rest of his siblings. The family are happy with this decision and the house is paid for in full. The deeds are in his fathers name and his late mothers. His father has recently been diagnosed with Alzeihmers and his care is priority. He lives alone at the moment. We want to move into the house and care for his father but the house needs alot of renovation and we wanted to get the deeds transferred into his name and take out a mortgage to do up the house. But some of the family are not happy with this suggestion. He won't have to pay inheritance tax as it is under the threshold. The only other suggestion he could came up with was that his name be added to the deeds. The mortgage will be in both our names. Has anyone got any suggestions as we are concerned about CGT etc.. Also now that the father has alzeihmers will the will have to be amended and will this stand in the future? We really would appreciate some feedback. Thanks