Just wondering if somebody could give me some advice.
My sister has some serious health issues and even thought it doesn’t look like she’s going to die anytime soon she has this on her mind for a while now.
If (and I say IF) in the event she does pass away her hubby will get the house fully paid for (life insurance) he’s only young so she knows he’ll be able to move on with his life their house is worth over €400k, she wants to look after my mam by giving her €100k out of this.
She was thinking the following:
1) Gets a will done up to say that mam is too be giving €100k (so hubby will have to take a mortgage out for €100k or sell the house and give her the funds out of that.
2) Have solicitor to draft up a doc (and her hubby to sign) to say that after her death her mam has to be given €100k
Will any of theses stand up in court in the unlikely event that her hubby decides he doesn’t want to give it (my sister says she’ll come back and haunt him!!!)
Tks in advance.
My sister has some serious health issues and even thought it doesn’t look like she’s going to die anytime soon she has this on her mind for a while now.
If (and I say IF) in the event she does pass away her hubby will get the house fully paid for (life insurance) he’s only young so she knows he’ll be able to move on with his life their house is worth over €400k, she wants to look after my mam by giving her €100k out of this.
She was thinking the following:
1) Gets a will done up to say that mam is too be giving €100k (so hubby will have to take a mortgage out for €100k or sell the house and give her the funds out of that.
2) Have solicitor to draft up a doc (and her hubby to sign) to say that after her death her mam has to be given €100k
Will any of theses stand up in court in the unlikely event that her hubby decides he doesn’t want to give it (my sister says she’ll come back and haunt him!!!)
Tks in advance.