Promissary Estoppel

Now that is a mouthful but parents need to be aware of what it is and how it can effect you. I will give you my experience and you can judge for yourselves. My daughter  was diagnosed with a nerve ending medical condition from her Father.To secure a roof over her  and her brother's head it was suggested she sold her home and moved into my house as I was living with my partner elsewhere.  This was agreed and I knew she would take care of my home and she knew she and her brother would own the property  in the end..This she did and asked and paid to have the bathroom altered to suit her needs, her brother meanwhile was living in Abroad..All has been fine for 8 years The arrangement was just a friendly family one with no contract. Now I have the need to move back home  within the next 9 months due to  my partner being diagnosed with  advanced renal cancer. My daughter objected and I have had to seek legal advice.It appears she can claim by promissory estoppel and can gain the ownership and  the right to live for the rest of her life in my house despite  my will. I cannot move back in and I cannot sell without her permission despite holding the deeds etc.This has created a big rift in the family, and the need for legal advice.

I have had to pay a very, very large sum to her to negate this effect and huge solicitors fees as well  to enable me to claim back my property.All because she decided she did not want me to move back into  my home., and completely ignoring the verbal agreement we had.

So Yes I should have  in retrospect had a written  contract but inside a loving family it did not seem needed. All this because I thought I was helping her and giving her some security for the future as any loving, caring parent would do.

I have learnt at a great cost to my savings built to safeguard my care in  old age....... SG2