Legal ownership / rental income question.
Legal ownership / rental income question.
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gf15

Original Poster:

1,025 posts

283 months

Saturday 5th November 2011
quotequote all
Hi all,

Legal ownership / rental income question

My step dad died recently. He had a property that he used to rent out. The rental income from this property was paid into his (and my mum’s) joint account. The property was left to his daughter in his will.

From when does the rental income belong to the daughter;

A) On the date of his death?
B) On the date the will was read?
C) When the title changes from dad to daughter?

Thanks’ in advance for all responses.
GF15

anonymous-user

71 months

Saturday 5th November 2011
quotequote all
I have seen wills where the ownership of the property transfers but the rent is willed to the surviving spouse for the rest of their life.

Ownership normally transfers when probate is completed. Talk to the executor