1. cynron

    cynron Registered User

    Sep 26, 2005
    429
    east sussex
    I need some advice about becoming Tenants in Common. I believe that if a home is in joint ownership. husband and wife. If one dies and the remaining one is in a home all the money from the family home is liable to be considered for home care fees. Does anyone know if it is easy to change to t in c when you have a poa in place which is also registered with court of protection?

    cynron
     
  2. Brucie

    Brucie Registered User

    Jan 31, 2004
    12,413
    near London
    I simply asked my solicitor - a family friend - to arrange the change when we had the EPA done.

    I don't believe it is necessary to have the permission of the spouse to do it.

    As far as I know, it is easily done - try ringing the Alzheimer's society Help line and ask for the legal person, who will take you through the relevant steps.

    It was just so easily done!
     
  3. Norman

    Norman Registered User

    Oct 9, 2003
    4,348
    Birmingham Hades
    It is a very simple procedure and has several advantages.
    You do not need the permision of the spouse.
    Our FA did the whole procedure for us
    Norman
     
  4. cynron

    cynron Registered User

    Sep 26, 2005
    429
    east sussex
    Thanks

    Thanks to you both for your speedy replies.

    Cynron
     
  5. yvonne j

    yvonne j Registered User

    Mar 1, 2007
    17
    Hampshire uk
    It is essential to do. By splitting to tennants in common, the wills of each can leave their share to children, so if A dies their share goes to children, not the surviving partner and so can not be taken into account for fees. My solicitor said I did have to get permission from the spouse. If you do not, then that makes it easier, but it is essential to do.
     

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