Making a Will and Tenants in Common considerations

Hello

Thanks for your message. I’m sorry to hear about your wife’s diagnosis and your concerns for the future.

As you know, a tenants in common arrangement is often used by couples who wish to protect their share in a property for their children (England and Wales residents, different rules apply in Scotland and Northern Ireland).

Whether changing your property ownership to a tenants in common arrangement is a good idea is something best discussed with a suitably qualified professional. If you already have a solicitor, they could help with an opinion of your proposal and suggest the best way forward based on your wishes for the family.

If you don’t yet have a solicitor and are based in England or Wales, you can see if family and friends could recommend one. You could also find a local firm by looking on the Law Society of England and Wales website or by phoning them on 020 7320 5650 (local call rates). Lines are open from 9:00 to 17:00 Monday to Friday.

If you’d like to talk about it further before speaking to a legal professional, the Financial Guides would be happy to hear from you again. We are available on 0808 808 0000, Option 1, then 2, then 1, Monday to Friday 8am to 6pm. We’re also on webchat if you prefer.

Kind regards.

Julia

Financial Guide

Remember you can also speak with the Macmillan Support Line team of experts. Phone free on 0808 808 0000 (7 days a week, 8am-8pm) or by email.

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