I have a loan with my Dad... when he dies it will I presume be passed onto my Mum... but what happens when she dies?

I have a loan with my father... when he dies can he pass the loan onto my brother... or does he have to consult the borrower(me) before doing this.

I imagine that when your dad dies, the loan will be called in by the executor of his estate, in essence, liquifying assets for disbursement to heirs. A loan doesn't get passed on to anyone.

Pretty much he can sell the loan to anyone. Because what that is doing is selling a contract so he could even sell the loan for five bucks the contract to repay then belongs to your brother. Though this does not happen very often and I really haven't heard of "passing" passing a loan on. But if your brother is executor of his estate and money is owed to the estate then you could be sued to repay the estate. I hope that makes sense.

I just noticed there are two threads open for this they need to be combined.

I have a loan from my father,based on a mortgage... the interest would have been 41,000 with a bank but he waived it kindly.Now because he is not happy with me he is trying to charge me the 41,000 and write the repayment into his will.He is trying to force me to sign a form saying I will comply with everything under threat of being written out of his will. Can I take him to court now and legally enforce the no interest repayments as it was agreed initially?

Do you have anything in writing?

I have statements showing the repayments are capital only.

I made an agreement with my father to repay a personal loan without interest.Now he is trying to add interest and change the agreement without my consent.How can I legally challenge him?

That doesn't mean that the loan was interest free. It only shows that the payments that were made were.

You refuse to pay the interest and at some point he either does or doesn't sue you and then the Judge hears both sides, decides which side is most believable and rules.

Or nothing happens and no one sues anyone.

Yes, oral agreements are binding if they meet certain conditions but, in Court, it comes down to which version is the most believable. And only you know that.

I was refusing to pay the interest on a loan from my father as I hadn't been paying interest for over 2 years then he decides the interest was deferred, only he hadn't mentioned that!
I carried on arguing there was no interest.He then starts to threaten me with disinheritance if I don't pay the interest. I carry on arguing that I haven't broken any agreement. He also informs me the interest will be passed on to his estate when he dies.
I would have to pay the executor of his will the money... but he refuses to tell me who that will be! I say no way.
He then threatens me that if I don't sign a document saying Ill obey everything written in his will without hindrance that hell disinherit me.
I refuse to sign a document I haven't seen.
So now he's disinherited me. I think wrongfully. I broke no laws.
How do I challenge the "Unlawful disinheritance", and when?

What is unlawful about it?

First he may put into his will and take out of his will anyone he wants, I have been in and out of my parents will several times over the years.

The laws vary by location, in some places a child has to be given at least a dollar and mentioned in the will but he can take you out of his will or at least cut you out of the majority anytime he wants.

There is nothing you can do about it, till he dies, and then if you are out, you hire a probate attorney and fight the will in court.

I was refusing to pay the interest on a loan from my father as I hadnt been paying interest for over 2 years then he decides the interest was deferred, only he hadnt mentioned that !.
I carried on arguing there was no interest.He then starts to threaten me with disinheritance if I dont pay the interest. I carry on arguing that I havent broken any agreement. He also informs me the interest will be passed on to his estate when he dies.
I would have to pay the executor of his will the money...but he refuses to tell me who that will be !. I say no way.
He then threatens me that if I dont sign a document saying Ill obey everything written in his will without hinderance that hell disinherit me.
I refuse to sign a document I havent seen.
So now hes disinherited me. I think wrongfully. I broke no laws.
How do I challenge the "Unlawful disinheritance", and when ?.


Your father owes you nothing. No one is ENTITLED to inherit. If the Will is prepared properly according to State Law it will be bullet proof.

You can always protest at the time of probate but you will spend a lot of time and money and - as I said - if it's a legal Will, you will lose.

If your father wants to leave his entire estate to his cat there is nothing you can do about it.

And here's a thought - maybe if you just posted once it would help everyone, you included.

He then threatens me that if I dont sign a document saying Ill obey everything written in his will without hinderance that hell disinherit me.... I refuse to sign a document I havent seen. So now hes disinherited me. I think wrongfully. I broke no laws.Hello l:

Wow, Dude. Let's hope it wasn't a large sum of money that you'll NEVER get... I can't believe you talked yourself OUT of an inheritance...

As you've discovered, you don't have to break a law in order to be DIS-inherited.

DUDE!

excon

Hello l:

Wow, Dude. Let's hope it wasn't a large sum of money that you'll NEVER get.... I can't believe you talked yourself OUT of an inheritance....

As you've discovered, you don't have to break a law in order to be DIS-inherited.

DUDE!

excon




This is called (in legal terms) "I won the battle but I lost the war."

Judy and Excon are correct. He owes you nothing just being your father. If he decides to disinherit you there is nothing legally you can do to stop him as this is not illegal. Dad seems to be a tad upset about the interest. Why not just pay it and get over this hurdle?

Judy and excon are correct. He owes you nothing just being your father. If he decides to disinherit you there is nothing legally you can do to stop him as this is not illegal. Dad seems to be a tad upset about the interest. Why not just pay it and get over this hurdle?


Read the 4 or 5 other threads - when OP doesn't like the advice he changes things a little bit and posts someplace else. Good background reading, though.

I think OP has turned obsessive about this.

I've merged your threads since all your posts have to do with the same issue. Please post any follow-up to this thread using the Answer This Question options.

As noted, there is no such thing as an unlawful disinherit. A person has the right to control who will inherit his estate.

Assuming you are in the US or Canada, your dad can cut you out of his will anytime they want,
For any or no reason at all.

You can not sue them over this, law suit would be thrown out, and you could not even get an attorney that would do it, most likely, I guess some will try anything if you are paying them.

But by trying to sue, you merely make things worst, you need to just go away and have no contact for a while and let it cool down, or start kissing up,

Rich people use their money to make others kiss up all the time,
So you learn to forget about there money ( it is not yours anyway) and live your life, or kiss up and play their gams for their money

My father put me under "Duress" to sign a statement accepting his terms and conditions without let or hindrance in an argument about interest on a loan. Duress of the threat of Disinheritance. I stood my ground. He Disinherited me under Duress! What do I do.

Nothing. It is his choice who his inheritance goes too.

Please stop rephrasing and reposting this question. I think we're all bored with the problem by now and you don't want legal advice anyway.

Please stop rephrasing and reposting this question. I think we're all bored with the problem by now and you don't want legal advice anyway.

I followed your advice to refuse to pay interest on the loan.
Now Ive been disinherited because of your advice and you just want to tell me to stop asking questions.

Please stop rephrasing and reposting this question. I think we're all bored with the problem by now and you don't want legal advice anyway.

I do want legal advice and don't say were all bored with a problem your advice helped create, give me some proper legal advice. Im talking 100,000 GBP up here I lose. I want answers.

I do want legal advice and dont say were all bored with a problem your advice helped create, give me some proper legal advice. Im talking 100,000 GBP up here I lose. I want answers.


Please post where I said not to pay interest if/when you were REQUIRED to pay interest. I cannot find that. Stop blaming other people and take responsibility for your actions. You are not ENTITLED to inherit and your sense of entitlement is way out of line. You could probably also get a job sufficient to support yourself. Then you wouldn't need your father's money to support yourself and you wouldn't either need to borrow from him OR be disinherited. I find it odd that you are obsessing - since October - about this, about what will happen when you father dies.

So pay the interest and get back in the Will if that's important to you.

If you want legal answers based on your circumstances, then retain an Attorney. Just make sure when you quote that Attorney that your facts are correct.

Stop opening new threads. Your various questions about your inheritance have been asked and answered.

It would be helpful, also, if you would post ONE response to each answer, not multiple "one liners."

Again, it is his choice who is in his will and who is not. That's the advice. There is NOTHING you can legally do to change that.

Maybe you would included in the will again if you stopped acting like you were entitled to everything. Because you aren't.

You want answers? Be a better son. Fighting about his inheritance is the easiest way to ensure you will never see it. If you don't want our advice, go pay a lawyer to give you the same advice we already have.

I want answers.Hello again, l:

Nobody here KNOWS the answer. Even if we did, you're still going to need somebody to DO something about it. The only person who could actually DO something about it, would be YOUR attorney, who'll investigate, and determine what course he wants to take based on the facts HE discovers.

That probably should have been the first place to visit when you began your troubles.

excon

Ok, I have again merged your threads. And AGAIN I advise you to post any follow-up under this thread, do not start a new one.

Second, Do you have a copy of that document? Do you have any proof that he threatened you with disinheritance.

The advice to not pay the interest was to let him sue you and let a court decide. He seems to have taken a different tactic.

You NEED to consult an attorney here. This is a complex issue now. But its possible nothing can be done until the will is probated.

Frankly, if he is still alive I would go to him and ask if there can be some compromise. Maybe offer to have the interest deducted from your inheritance. If you want, tell him you received bad advice in an online forum (not that I agree you did). But maybe that will mollify him.

Is being disinherited a taboo subject. Ive compiled a 80 page account of the case... who would you recommend I send it to? In the UK that is.

Why do you continue to post this same question? You were disinherited and there is nothing you can do about it.

You MAY be able to fight the will in probate court after the demise of your father, but there is nothing you can do about it right now except work at getting back in his good graces.