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    • Masomnia
    • By Masomnia 27th Apr 13, 6:34 PM
    • 15,717 Posts
    • 33,691 Thanks
    Masomnia
    • #2
    • 27th Apr 13, 6:34 PM
    • #2
    • 27th Apr 13, 6:34 PM
    Only if you pop it in the next 7 years, in which case it still counts as part of your estate for inheritance tax purposes should that be relevant.

    The caveat is that the money will legally be hers to do as she wishes with it. If you broke up you would have no claim on it whatever, and have no legal right to claim it back if you change your mind.
    I could see that, if not actually disgruntled, he was far from being gruntled. - P.G. Wodehouse
  • Counterspell
    • #3
    • 27th Apr 13, 6:39 PM
    • #3
    • 27th Apr 13, 6:39 PM
    Only if you pop it in the next 7 years, in which case it still counts as part of your estate for inheritance tax purposes should that be relevant.

    The caveat is that the money will legally be hers to do as she wishes with it. If you broke up you would have no claim on it whatever, and have no legal right to claim it back if you change your mind.
    Originally posted by Masomnia
    I'll try not to die so early

    Ok, I'll have to deal with the risk that we broke up or something ugly happens, I just wanted to know if it was legal to make that kind of gift and if we had to pay any taxes for it or sign any formal document.
  • mucgoo
    • #4
    • 27th Apr 13, 6:43 PM
    • #4
    • 27th Apr 13, 6:43 PM
    That's quite a risk to take.
    • richyg
    • By richyg 27th Apr 13, 8:01 PM
    • 105 Posts
    • 117 Thanks
    richyg
    • #5
    • 27th Apr 13, 8:01 PM
    • #5
    • 27th Apr 13, 8:01 PM
    Masomnia -

    Any chance of taking your signature off - as it is making me more than a little nauseous.

    The younger generation are the first generation in ages likely to grow up poorer than their parents- and this wealth is effectively been kept hold of by the older generations.

    Ridiculously high house prices mean that many house share into their 30's and are afraid to even have children due to a lack of secure housing.

    Meanwhile with a sense of entitlement fuelled by early retirement and comfortable final salary pensions the grey brigade masses throng thorugh our local Morrison cafe every lunchtime like locusts across the plains. Get in their way at your peril !

    For Christ sake give the youngsters a break. An Ipod at 25 compared to an affordable house at 25 - I know which I would choose. - and so would they.

    The one saving grace for those that can afford a mortgage is a low interest rate for the foreseeable future. Whilst it may toast the savings of the rest of us - maybe the cheap interest rates might at least keep a few of the younger generation out of the poorhouse.

    I feel a lot better now. Thanks

    richyg
  • kloana
    • #6
    • 27th Apr 13, 8:10 PM
    • #6
    • 27th Apr 13, 8:10 PM
    Masomnia -

    Any chance of taking your signature off - as it is making me more than a little nauseous.
    Originally posted by richyg
    It's supposed to be a Socrates quote, dating it at well over 2,000 years old. It's not, apparently, an ancient philosopher's direct quote at all, but does still relate to children in ancient times...and the quote first appeared well over a hundred years ago.

    Hardly a gratuitous stab at the youth of today...
    • ozzage
    • By ozzage 27th Apr 13, 8:11 PM
    • 518 Posts
    • 310 Thanks
    ozzage
    • #7
    • 27th Apr 13, 8:11 PM
    • #7
    • 27th Apr 13, 8:11 PM
    richyg that quote is from around 400 BC
    • iammumtoone
    • By iammumtoone 27th Apr 13, 8:22 PM
    • 3,030 Posts
    • 6,037 Thanks
    iammumtoone
    • #8
    • 27th Apr 13, 8:22 PM
    • #8
    • 27th Apr 13, 8:22 PM
    wow that is a very generous offer, and I admit I don't know hers or your circumstances but in my view to accept an offer like that would be wrong. I once had a ex offer to pay off a large sum into my mortgage, I declined I stand on my own two feet I worked hard to be able to afford the deposit for my house and I didn't want/expect anyone to help with that, I would have cheated myself if I did.

    Sometimes I wonder if I made the right decision.
    Last edited by iammumtoone; 27-04-2013 at 8:28 PM.
    • iammumtoone
    • By iammumtoone 27th Apr 13, 8:25 PM
    • 3,030 Posts
    • 6,037 Thanks
    iammumtoone
    • #9
    • 27th Apr 13, 8:25 PM
    • #9
    • 27th Apr 13, 8:25 PM
    She has no savings nor earnings.

    Thank you very much in advance.
    Originally posted by Counterspell
    If she has no earnings what does she live off? If she claims any benefits it may effect her entitlement as she would now have savings.
  • Nine_Lives
    Any chance of taking your signature off - as it is making me more than a little nauseous.
    Originally posted by richyg
    If something so minor affects you so deeply on the internet, then i'd suggest cancelling the membership with your ISP.

  • Counterspell
    If she has no earnings what does she live off? If she claims any benefits it may effect her entitlement as she would now have savings.
    Originally posted by iammumtoone
    I pay all her expenses, we live together. None of us get any benefits.
    • iammumtoone
    • By iammumtoone 27th Apr 13, 8:27 PM
    • 3,030 Posts
    • 6,037 Thanks
    iammumtoone
    Nine lives your signature made me chuckle
    • lippy1923
    • By lippy1923 27th Apr 13, 8:27 PM
    • 843 Posts
    • 2,412 Thanks
    lippy1923
    Do you fancy dating me for a little while? I would like 12000
    Total Mortgage OP 10,000
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    Target Redemption date 2025 11/120 Payments
    EF 1 23,500 EF 2 700/6000
  • kloana
    Do you fancy dating me for a little while? I would like 12000
    Originally posted by lippy1923
    Is there room for two? I'm down for anything for a few quid
  • innovate
    Ridiculously high house prices mean that many house share into their 30's and are afraid to even have children due to a lack of secure housing.
    Originally posted by richyg
    It wasn't exactly easy for my generation 30 or 40 years ago to get on the housing ladder. We were, or had, lodgers. Or we lived with our parents. We didn't have mobile phones / ipods/ ipads / laptops / PS3s etc, we didn't go clubbing because outside London there weren't really any clubs. We didn't have hair straighteners and nail art, we didn't need to raid Primark 3 times a month, there were no drive-through MacDonalds and KFCs. And so the list goes on - - just don't you think that it was all wonderful when the older generation were young.

    Meanwhile with a sense of entitlement fuelled by early retirement and comfortable final salary pensions the grey brigade masses throng thorugh our local Morrison cafe every lunchtime like locusts across the plains.
    Originally posted by richyg
    How dare you questioning whether pensioners, who worked all their lives, should be allowed to have lunch at Morrisons!


    The one saving grace for those that can afford a mortgage is a low interest rate for the foreseeable future.
    Originally posted by richyg
    Well, glad you can see some good.. Mortgage interest rates now seem a heck of a lot better than the 10-14% , with a matching inflation rate, the oldies had to get on with.

    Nobody says things are rosy right now. But generation wars most certainly don't offer any improvement.
    • Lost2
    • By Lost2 27th Apr 13, 9:39 PM
    • 13,497 Posts
    • 25,970 Thanks
    Lost2
    Do you fancy dating me for a little while? I would like 12000
    Originally posted by lippy1923
    I was going to ask that so back of the queue
    Sealed Pot Number 262009..950.50 2010..256 2011..5262012..548.802013..758.882014..5102015...604.782016...
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