Things turning nasty with family over property

[MissFM]

Re: Things turning nasty with family over property

I spoke with my dad yesterday and he agrees that what I did was a kind and generous thing for her family, for many years. I told him that I'd like to move out as soon as possible. He says his ideal scenario would be if everyone moved out when possible so that he could get the full rental value.

From the above, it sounds as if your Dad has a "life interest" - as the others have said above you need to find out if it is a Trust and what kind of Trust it is. Ask him! That would be the simplest way to find out.

[des8]

Re: Things turning nasty with family over property

[QUOTE=Gilganjn;447672

Unfortunately I won't be able to check the land registry details until Friday at the earliest. Do you know if it's possible to do that anywhere in person, paying via cash? Or by bank transfer instead? When I checked the site it seems that only card payments are possible but I don't have any of the cards they listed as acceptable.[/QUOTE]

Any possibility of a friend helping out? If not an official copy of the register can be purchased by post, cost £7 ( http://www.landregistry.gov.uk/publi...erty-ownership)


This site might give you an idea of the complexity of the tax position regarding trusts. (http://www.hmrc.gov.uk/trusts/iht/which-trusts-pay.htm)
You might want out, but still find yourself with a tax liability. Don't want to worry you unnecessarily but do be aware the matter needs to be handled carefully.

[Gilganjn]

Re: Things turning nasty with family over property

I see absolutely no reason at all to involve the children, even if the assumptions above are correct. I would suggest that you reassure them that this is not the case at all, they mustn't worry - it's grown-up stuff - and try to have a heart to heart with your sister, adult to adult, when you can both be calm.

It is a shame you are under the same roof, IMO, as it seems to be destroying the good in your relationship - all the more reason to get all this out in the open and sorted ASAP.

As a matter of interest, are you an uncle or an auntie?

To be honest, my sister and I have never been close. We hardly ever got on since we were teens. I don't really like her much, of course I love her because she's my sister but as a person we just never really seemed to get along. You see, in a sense I was the breeding ground for her manipulation. When we were kids she would do something to make me upset, then I would retaliate, she would pretend to cry and go running to my mother. Then I would be reprimanded and blamed for it all and while that was happening I would see my sister standing behind my mum and dad with a big smile on her face, satisfied that she had caused that situation and had gotten me into trouble. She would never get blamed. So I think that's how she actually learned to manipulate people and she has been doing it all her life.

Oh, and I'm an uncle by the way. I did say to the kids not to worry about it and that actually I'll be moving out soon, I played with them for a few minutes afterwards, they laughed and seemed to cheer up. Read them a short story too. I hope they aren't going to be poisoned against me by her. I can't believe she would actually tell them that.

As far as having a heart to heart, I don't know if we can. She is quite overbearing and domineering, whenever I try communicating with her she always tries to dominate the conversation. It's quite unpleasant, the whole thing is a mess.

[Gilganjn]

Re: Things turning nasty with family over property

From the above, it sounds as if your Dad has a "life interest" - as the others have said above you need to find out if it is a Trust and what kind of Trust it is. Ask him! That would be the simplest way to find out.

I'll ask him next time we speak, which will probably be tomorrow. It's a bit more complicated too because he's going through trouble in his marriage at the moment and he doesn't work due to illness so he'll need the full income for his own survival. He got remarried a few years ago and it just doesn't seem like it's going to work out so he might get divorced. He doesn't own any other property either, although he invested a lot in the renovation costs of his wife's property abroad but I think he's concerned that he won't see a penny of that back if he gets divorced. '