Same here mate. I had a few shaky years after that. My father passed away suddenly late one Friday night.
My son cut his first tooth during the day on Friday, my partner was so excited and wanted to visit him & my mum
that evening. I had just worked a 12 hour shift, and didn't fancy the trip as I was very tired, plus it was 2 long bus
rides each way.
I said "we'll go tomorrow"............. :crybaby:
The reason I share this personal information is because of something Chris said in the above post.
That is so true mate, you never know when your time is up, and the resources are there to make it happen for him as well
Be gratefull for the time you have, as you will never ever get it back.
Given the time again, I would definately have caught 4 buses.......................
It really looks like you will get well over £300,000 worth of assets mate. Taxes have to be paid like it or not.....:tsktsk:
The only way I can see you paying less is if he sells the house to you for a less than market value price, & has
some form of legal contract regarding his low rent (covering your mortgage payment) or no rent tenancy until
time comes for him to say goodbye.
With all the best intentions from the members of LOC, realistically a proper independant financial advisor could cost a few quid,
but save you thousands anyway.
That is your best bet, and has been suggested on this thread more than once.
Sound Advice, thank you. I will naturally make sure my Great Uncle will live his life as enjoyable as possible til the end, I have mainly just raised the issue to see what options will benefit me and my family for the future.
I will seek advice from a Financial Advisor to get it all sorted out, Thanks for all the advice chaps. Apologies for the Spam created on this Thread :)