I have a query regarding the work involved after the first death when that person’s will has left their surviving spouse an IPDI in their half share of the property.
What conveyancing work do you do please? And do you do this?
When in practice, we often left the title as it was with the deceased’s name still on the deeds until the survivor died - or until the property was sold if earlier. I’m not convinced this is best practice.
Would you remove the deceased’s name adding the Trustees names - and if so what paperwork is required to achieve this?
Surely a simpler option would be a removal of the deceased’s name and then a declaration of trust by the sole surviving owner confirming the 50-50% split. Does anyone just do this? Presumably this way a Grant of Probate on first death would not be required if there were no other assets in the sole name of the first to pass away.
I look forward to hearing from you.