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I can wait a couple more days thank you though I did pay for speedy service! Thank you Zitta
I am in London and the circumstances of this agreement is that our father died. I was living in the house at the time and have agreed with my brother and sister that I can keep the house for another 5 years and then will sell. This is to show that and how it will be done.
He did leave a will I am not sure about the deed of Variation. In the will it says that after other expenses/gifts are paid the remaining estate to be split equally between me my sister and brother so they are doing me a favour really
The house is worth approx 800000 and I will borrow 275000
The Moby will be used as shown in the agreement Mand the first years inheritance tax.
• ZL will give the sum of ????? (approx. 60000 TBC) to cover all debts related to the estate of their father Mr RGL within 6 weeks of probate being granted.• ZL will give the following cash sums to CL and RL and herself:• CL - 60000 within 6 weeks of probate being granted.• ZL - 60000 within 6 weeks of probate being granted.
Because I am keeping the house I thought you were allowed to pay over 10 years?
No I have not checked that out I will ask another expert
Ok thanks I will cancel
lther question then
thank you very much
Hi can you tell me what is happening with this question now
The executors are me my sister and a family friend the mortgage is only in place hypotheticaly on probate being granted
Between 120000 and 160000
Not sure if I know what you mean by net income, The money to pay the mortgage will come from the rent earned I do not see there being an excess if there is it will either go to home improvements or saved until the end of 5 years and split equally between the three of us.
Yes thats right
They live in hungary and would not get a mortgage
No not essential at all
Hi I haven't herd from you for a while I wondered what your reply was thank you