Not exact matches
Furthermore, enduring objects vary
as to the importance of their defining characteristics and the decisiveness of their
inheritance from previous
members of the enduring object in question.
They're not really suitable for arms - length home sales since the buyer doesn't get any warranties that the seller has a clear title, but they're useful for moving property around between family
members as part of an
inheritance plan.
On the other hand, it seems answering a slightly different question than what I asked - you keep saying «well, lawyer will is better if your situation isn't
as simple
as you say», but doesn't at all address the case that I ask about, where the situation literally IS
as simple
as one says - no debts outside mortgage, no prior spouses, no family
members outside kids to contest the
inheritance, no interstate assets, no assets with complex tax issues, etc...
Indeed, John Locke first extolled the benefits of such separation, yet in A Letter Concerning Toleration in 1689 said: «Nobody is born a
member of any church; otherwise the religion of parents would descend unto children by the same right of
inheritance as their temporal estates, and everyone would hold his faith by the same tenure he does his lands, than which nothing can be imagined more absurd.»
Increasing numbers of family
members or dependants who have been left out of a will, or who did not receive
as much
as they had hoped, are bringing claims under the
Inheritance (Provision for Family and Dependants) Act 1975 (the «Act») for financial provision.
Any individual that is listed
as your beneficiary will not be subject to
inheritance taxes, even if they are not a
member of Class A.
This property may have been received
as a result of a gift or an
inheritance from another family
member.