Looking for some advice here on the legalities of selling a house that technically isn’t mine!
My mother in law and husband saw a notaire nearly 2 years ago and completed a donation for the house to pass from her to him on the event of her death. Sadly he died (18 months ago) 3 days after the completed paperwork arrived at the house. Mother in law died 6 months later and my 4 children inherited the property. They are all under 16.
Now with circumstances being what they are I am considering a move back to the UK but what to do about the property?
- Can I sell it now without paying inheritance tax?
- Do the children have to be involved in the sale?
- If we have to wait to sell, how long do we have to wait for?
Thanks in advance for your help