Husband will not share

Mojisola

fluffnutter wrote: »

As you're married you're well protected by the law, Sapphirie. If your husband dies intestate (without making a will) you'll inherit the first £250K of his estate and a life interest in the rest, i.e. you can't be evicted from your home even if it's worth more than £250K. If your husband does make a will, leaving everything to, say, children, then it becomes more complicated. However, wills can be contested and if you're living in the family home at the time of his death, this would be viewed favourably even if he's left the house to his children. There's more info here.

The survivor inherits a life interest in half of the remainder so Sapphirie could be left in the position of having to sell the property in order to pay money over to her children.

It's economic folly not to find out about these matters. There's enough to cope with when a spouse dies without getting sudden shocks about the house you live in.

It would be worth finding out about the property from the Land Registry to see who owns it and whether there are any charges on it - https://www.landregistry.gov.uk/

Gavin83

WhiteHorse wrote: »

Good point.

Odd behaviour like this often means that there is secret debt somewhere.

I honestly don't think its odd behaviour. I wouldn't want to add my partners name to my business either unless they'd physically started it with me. He'd effectively be losing his shared decision making on the business and his brother would effectively become the leading director as he'd have the majority share of the business.

Gloomendoom

BJV wrote: »

I thought that when you had lived with someone for a set period of time you where automatically entitled to half? Think it is mostly the little woman syndrome!:A

Only if you are married or in a civil partnership. Cohabitees have no automatic entitlement.

roses

I thought you are only entitled to a share if you can prove you financially contributed to the house?

conradmum

roses wrote: »

I thought you are only entitled to a share if you can prove you financially contributed to the house?

No, marriage alone confers a share in your partner's assets, though a judge would look at the length of the marriage when deciding how much. So, for example, if you'd been married for two months to a millionaire you probably wouldn't be awarded very much if you decided to divorce.

tinktinktinkerbell

why do you think you have the right to be on the deeds for a house he is paying for?

make_me_wise

Sapphirie wrote: »

We have been married 14 years. When I moved in with him before we married he owned the house. He has repeatedly said that he cannot put my name on the mortgage or deeds as it will cost a lot of money. He bought our son a flat and both their names were on the deeds. He has a business with his brother and they are the only two partners. How do I persuade him to share as I feel that my name should be on everything with his?

Playing devils advocate here, when he says he cannot put your name on the mortgage or deeds as it will cost a lot of money, I dont think he is referring to the bill to set it up.

If god forbid your relationship turned sour and you two split, with your name on the deeds, he stands to lose half the value of a property he owns outright. Heres hoping yours is one that will always stand the test of time but many dont. He sounds like quite a savvy guy going by what you have advised of his financial affairs. Maybe he is just looking at this in a black and white way and doesn't want to give. Has he been in a marraige previously where he lost everything?

Lotus-eater

tinktinktinkerbell wrote: »

why do you think you have the right to be on the deeds for a house he is paying for?

Are you for real, you !!!!!?

I don't know why I'm bothering answering you tbh.........

tinktinktinkerbell

Lotus-eater wrote: »

Are you for real, you !!!!!?

I don't know why I'm bothering answering you tbh.........

you're right, best not answer me, i cant stand immature name callers like you

bye bye

Lotus-eater

A thing comes to mind when the OP talks about businesses and friends and brothers.

A couple who were our friends, he had a business or two, I was never really sure, the businesses were held between friends, who knew what was really going on, although she thought it was all above aboard on the surface. I certainly did with my dealings with him.

He died, suddenly, another business suddenly surfaced and she was sure she would be OK, she now had a share in 2 businesses, all the guys were there at the funeral, all the partners showed their grief.

When it came to it, she got nothing, nothing at all. On paper, she owned alot, in practice, it was worth nothing.
It seems that business had a way of working which was alien to her. They were able to walk away with it all and she had a half share in nothing.
ALL legal and proper.

She was left, not in debt, but not in the way in which she thought her OH would have left her. She scrapes by with no pension and a mortgage.

Never trust business partners, never trust anything you can't read in black and white legal terms.