Will my mother's house need to be included in IHT?
My father / mother bought our family home over 40 yrs ago and it has been mortgage free for at least 25 yrs. My father passed 30 yrs ago and eventually 5 children moved out except our unmarried youngest sister who had no children or partner.
Sadly my sister has now passed after a short illness, without leaving a will.
She was added to title deed of my mother's house about 15 yrs ago, I believe as Joint Tenants. We have always planned to split the property equally if my mother passed but this was all verbally, my mother has no will. This is still the same now with no disagreements.
My sister moved out a few years back and all siblings then took turns to help my mother on a daily basis.
Thanks in advance.
My father / mother bought our family home over 40 yrs ago and it has been mortgage free for at least 25 yrs. My father passed 30 yrs ago and eventually 5 children moved out except our unmarried youngest sister who had no children or partner.
Sadly my sister has now passed after a short illness, without leaving a will.
She was added to title deed of my mother's house about 15 yrs ago, I believe as Joint Tenants. We have always planned to split the property equally if my mother passed but this was all verbally, my mother has no will. This is still the same now with no disagreements.
My sister moved out a few years back and all siblings then took turns to help my mother on a daily basis.
Thanks in advance.
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