Mayfield05
New Member
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- 9
perhaps your siblong that is due to inherit the house could contribute towards this as they will be a beneficiary of this outlay anyway.Thanks everyone for your help. Apologies for the vagueness, but I'm not close to his finances in relation to figures. He's extremely independent and I don't want him to think I'm prying. I did have another chat with him and he said he can offset some losses he incurred with shares a few years ago against the gains from the house which helps. He also told me he would go to an accountant once he knows how much he will get for the second house. He sacrificed everything to look after my mother who was very ill for many years and I just want him to live in comfort for the rest of his life. Aside from my sibling who was also a carer for my mother, being provided for when my father goes, with the family home noone else cares about what's left which is a relief. We'd be happy if he spent the lot on a good life. The only income he has is a good pension. He doesn't have any other investments that he gets money from. I'll ask him to find out about us lending him the cash. He hasn't worked out the cost of refurbishment yet. I honestly don't think he's thought it through. He's still grieving and he just wants to plough ahead which is why I wanted to give him a good steer. Many thanks indeed for the advice thus far. It's much appreciated.
They wouldn't be in a position to do that as they are unemployed. They've lived in the house all their lives and cared for my mum with dad. If they had not been there she would have gone into a nursing home which she would have hated. Therefore they want her to get the house on their death.perhaps your siblong that is due to inherit the house could contribute towards this as they will be a beneficiary of this outlay anyway.
understood, hopefully they have the necessary arrangements in place to leave the house to that sibling without he or she incurring CAT.They wouldn't be in a position to do that as they are unemployed. They've lived in the house all their lives and cared for my mum with dad. If they had not been there she would have gone into a nursing home which she would have hated. Therefore they want her to get the house on their death.
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