It is not yet two years since my wife died. My late wife and I were joint tenants. Of our children, X (who has a salary) also lives in the house, Y (who is married) in a rented flat, Z (who is also married) in a house with no mortgage. We all get on well together. Peering into the future, if I were to die, X will wish to continue living in the house, and Y-and-partner may at some time wish to move into the house as well.
There seem to at least three possibilities to achieve the above. (Naturally there will be sections of the form "but if so-&-so no longer alive, then ...", but I'm just trying to establish the basic approach.)
a) I write a new Will that says "the house to go to X and/or whichever other of the children wish to live in it. If none wish to live in it, then to all three equally to dispose of as they think fit. The rest of the estate (cash) to be divided equally among the three".
b) I set up a DEED OF VARIATION that says "My wife's joint-tenancy of the house passes not to me but to X". (But if I write a new Will as in (a) above, is (b) superfluous?)
c) Might it be advantageous in some way to use both my own WILL and a DofV (redirecting my wife's Will in respect of the joint tenancy) to achieve the desired outcome?
A comment on the viability, pros and cons of each possibility would be most helpful.
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