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Marriage, Relationships & Families sticky
👪 Here are some Forum threads you might find useful: * Information about term time holidays and imposed penalties * Please look after your privacy, we can't do it for you! * What to do when a partner/spouse dies * Pet Insurance guide discussion area * Free rail travel for people fleeing domestic violence 👪 And here's some…
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Best way to invest for grandchildren.
My mother wishes to give each of her grandchildren £10,000 out of their grandfathers estate. Their ages range from 12 to 20. Two are in England, two in Scotland and one in Australia. She wants the money to be "in trust" until their 25th birthday. By this I think she just means she doesn't want them to have access to it…
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Money Moral Dilemma: Should my husband stop lending money to his parents?
This week's MoneySaver who wants advice asks... My husband has lent a substantial amount of money - in the thousands - to his parents on a few occasions now. They always say it's to pay bills, so he feels obliged. To be fair to them, they do always pay us back eventually, but not before going out to coffee shops and…
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Cost of care for the elderly
My husband, aged 74 years has dementia and had to go into permanent residential care. He is self funding, except for the attendance allowance of just over £100 per week. Any assets over £23,250 mean that he pays for everything. That figure has not risen since goodness knows when. It was the same when my mother went into…
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Messy
My partner whose mortgaged house I live in has recovered from a heart attack and cardiac arrest but left with some level of brain non function (but not brain injury visible on scan). He is of pension age. He had no LPA in place. We are not married, I am working age and currently 4 days a week at work. The following things…
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Claiming child benefit guide discussion area
This thread is specifically to discuss the content of the Claiming child benefit guide: Make sure you're not missing out on £100s or £1,000s in child benefit or on national insurance contributions that go to your state pension
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Overly (IMO) frugal partner is getting me down!
Me and my partner have very different attitudes to money and I am having some difficulty with it. I am the main earner in the household of 2 adults and 2 kids, we have a little more than the average UK income kicking around and we share all the money that comes in to the house equally. Neither of us come from affluent…
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Can I help, is it my place to get involved?
Looking for advice on this. I want to
help, but I am not sure it is even my place to get involved. I have been with my girlfriend for a
year and a half. I finalised my divorce a two and a half years ago and have
50:50 custody of my 4 year old daughter via Child Arrangement Order. Girlfriend
has 5 year old son, the dad…
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Divorce, Children, House - HELP!
My wife and I am separating and will be divorcing. I am 39 and she is 34, we have been married for 6 years. I am in full time employment (well paid job), and she has recently started a part time job (circa 16 hrs per week). We have 3 children (14, 10 & 5). We all currently live in a mortgaged house (although I am currently…
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Money of the child
how much pocket money is suitable for a 7 year old child
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Spouse inheritance tax exemption
A random question about inheritance tax. Spouse passed away and left a DIY will that basically requested that all beneficiaries receive equal shares of their estate including their spouse. Does the spouse receive a slightly higher amount based on the spousal tax exemption rule or should it be equal after tax has been paid…
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Registering Enduring Power of Attorney confusion
My mother has an Enduring Power of Attorney from years ago and is getting in a stress about registering it - I live to far away to read through what it actually says and am getting a rather garbled version over the phone. For clarity my mother is able to deal with her affairs fine at the moment. I have more recent Lasting…
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Teenagers Pocket Money
Do parents of teenagers give them 'pocket money' these days, and if so what's the going rate and what do you expect them to pay for? My other half doesn't give her son (14) pocket money as such, but she pays for things as and when required. She is not on the breadline, but she's a single parent (she and I are financially…
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Power of Attorney - Adult child with POA for one half of a married couple
Prompted by another thread, I have been wondering about this... If your parents (or step parents) make a financial POA and name you, their adult child(ren) as their attorney, I understand that this means dealing with their finances in their best interest. However, would they have had to make specific notations in the POA…
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Separation agreement - not married
I would like to get a legal document created for my split from my ex-partner. We have children and own a house together with no mortgage. We have agreed that one will buy out the other for a specified sum. Neither will have any obligation to the other after this. Is this something we could draw up ourselves and would be…
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DIY divorce litigation costs?
In the UK how much could I expect to pay for... Scenario 1 : Court proceedings Scenario 2: Aribitration ...if representing myself in a divorce case (fighting it as to who gets assets and pays for what) rather than appoint a lawyer? There may not be legal representive fees but I'm guessing there could potentially be fees…
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Stressing about hospital parking
I have posted on here previously that my partner is pregnant with our first child, everything has gone to plan so far and we are now about 6 weeks away from due date. I am naturally a worrier, and one of the biggest things I’m worrying about is parking at the hospital. The hospital my partner is giving birth at is…
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Divorce
Can anyone give me some help got two children age 4 and 6 . I bought the house outright before we was married equity in the house £265k what my chances of 50/50
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British nationality
Hi everyone after a bit of advise please, a family member has been recently informed that he has 3 children (all in their 20’s, eldestbis 27 that he knew nothing about from an on/off affair with a Filipino he worked with in UAE at time (I know! You couldn’t make it up!! 🤷♀️) anyway DNA tests have confirmed they are his,…
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Ex Wife Causing Problems with Marital Home
Hi Folks, Hoping you can help. In October 2022 my ex wife forced me out of our jointly owned house, she took my house keys and car keys away from me and wouldn't let me back in. The house was pruchased in 2019 and has a joint mortgage. The only option I had at the time was to live with my parents. After 3 months of trying…
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Financial settlement advice. Possible strange situation
Hi all. I haven’t started proceedings yet for a few reasons but I’m finally getting to a point that I will be able to. I have to start with history as I think it’s important so it’s gonna be a long post sorry. Me and my wife have been married nearly 15 years and together about 20. We had a child young (17) and two more…