All good questions RDR! Perhaps joint ownership would work, but yes, I can see how someone might want their cut of the inheritance at some point if not immediately. I will pass on the info to my dad and he can discuss with a solicitor.RDR wrote:Is it possible for them to own it jointly? Though that's assuming no-one wants the value of it and all want it to stay together. Though it would be inevitable that at some stage someone who inherits down the line will want their money out. Or would there be one who could afford to buy out the others? You have to assume the owner didn't mind if it was split up or they'd have passed it on to one person.Ppolly wrote:Thanks for all the replies - they have been very helpful.
Based on replies and what I have read since, if children of deceased siblings have a share in the estate, then it is possible/likely (?) that the farm would have to be sold to give everyone their share. I think my dad would hate to see this happen...you know the way the irish are about the land!
Thanks