There’s time when family are frustrating…yeah, we love them, but sometimes we can borderline hate them!
A client just shared her brother is being difficult…Now Dad’s no longer around to keep him in check they don’t know what to do!
He’s occupying a property jointly owned by 5 people, he’s meant to have kept the property in top shape and he hasn’t. Now he doesn’t want to sell despite the other owners wanting, and needing, to!
Today’s tip…Get a formal agreement, in writing, before you buy anything with family make sure there’s an exit plan including agreed triggers for sale/exit.
Oh, and be sure to get legal advice on the matter so it’s binding on all parties when you start so that you know the outcome when you’re winding things up.
Talk soon
Gayle
