YiamCross wrote:Nope. Would instantly be seen as an attempt to hide an asset and result in more than a slapped wrist. Plus of course the court would reverse it. The only hope they have is if Sue's mum changed her will to benefit the grandchildren.Pox wrote:
Again assuming that there is any equity in SMH, would a deed of variation work for them - usually utilised for Inheritance Tax purposes (doubt they qualify IHT) but worth a chance?
http://uk.practicallaw.com/4-500-3058
As someone has pointed out, we don't know how any assets left by Sue's mum will be disposed of, there may be other beneficiaries. One thing is for sure, though, anything Sue was due will go straight to UKAR. I'm sure they will be aware of the situation and will know the moment probate is granted and what's available to repay their assuredly massive debt.
OK, but could they try a disclaimer of interest? A risky move, but worth a punt?
P.S. I am not wishing to find a way out for the Crawfords, they deserve all they get (or don't get/inherit)