• Welcome to the LegalBeagles Consumer and Legal Forum.
    Please Register to get the most out of the forum. Registration is free and only needs a username and email address.
    REGISTER
    Please do not post your full name, reference numbers or any identifiable details on the forum.

Lending money to family member abroad

Collapse
Loading...
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Lending money to family member abroad

    We have lent over £15K to a family member in Europe who has been very ill. He does not have a will and although he says we will get our money back we are concerned if he dies we do not have a leg to stand on in claiming the money from his estate. He has a partner who he has been with for over 30 years I assume any monies will go to him but I doubt he would honour the debt. Can we make this family member get a will and confirm he owes us this money, he owes his father over £60K so his Dad is in a similar position?
    Tags: None

  • #2
    I could be wrong but in a word NO. You really should have had a document drawn up and signed between you, could have been done by fax,email etc. It doesn’t sound nice but it could be argued that you gave him the money without conditions. A will would be the choice of the family member and also made in sound mind.

    Comment

    View our Terms and Conditions

    LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

    If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.


    If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.
    Working...
    X