Mumsnet has not checked the qualifications of anyone posting here. If you have any legal concerns we suggest you consult a solicitor. To use this feature subscribe to Mumsnet Premium – get first access to new features see fewer ads, and support Mumsnet. Mum left house to us ‘in trust’…what does this actually mean??

When did my brother sign his house over to his sister?

Yesterday I called my brother and told him everything. I also told my husband. My brother’s wife went to the Land Registry and found that the deeds were put in my sister’s name in 1999. What is the downside of signing your house over to your…

Why did my sister give the house to her?

My sister told me that the house was hers and she had deserved it. I was hurt and had a huge row. She had kept that from me for 20 years. She made me promise not to tell my brother or anyone else. Now I’ve been deceiving my brother. I’ve had no relationship with my sister for the last couple of months. My stepmother has now died.

What happens when a brother or sister inherits a house?

In a perfect world, brothers and sisters would be best friends, but it doesn’t always work out that way. Even if it did, money can strain the best of friendships. If you and your sibling inherit a home, you have a number of options, but most depend on reaching an agreement between you regarding what to do with the property.

Who is the grantor of a living trust?

In order to avoid probate court, your assets need to be placed into a living trust. This called funding the trust. When you create a living trust, you are known as the settlor or grantor, depending on what state you live in. When you set up the living trust, you also assign yourself as the trustee.

What is a’life interest trust over a family home and?

My late father created a ‘life interest trust’ for my mother over their home: I’m a trustee so what are my duties? My father died a few years ago and left everything to my mother.

Can a house be transferred to a living trust?

Since there is no probate court process when you have a living trust, there is no need to make your assets public. On the other hand, if your house is only included in a will, the will’s contents are made public when it is entered in probate court. Since the trust avoids probate, the contents of the transfer stay private.