My parents are separated. Both are close to 70yrs of age. I have one brother. Both my parents have their wills made and have left everything to my brother and I to be split 50/50.
My question is this.. Can I go to a bank and look for a loan on the basis of what is coming to me, even though it may not come to me for 5 – 10 yrs.
I do not want to face the situation of asking them to sell their houses in a rent back scheme, this would be too far. But I am trying to bail out my business
Sorry, I should ad that the only thing they have to leave is their houses, both are retired and their savings have been destroyed by the slump in the stock markets