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Try get your head around this?

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Comments

  • pinkteapot
    pinkteapot Posts: 8,044 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    googler - Sorry, I was writing my answer when you posted your comment. By the time I posted mine, I was then too lazy to move it to the other thread. Also, I had quoted this OP extensively so I'm not sure it would have made sense on the other thread? Though I appreciate your efforts to tidy the forum. :(

    OP - re the information from another source. I'm not a solicitor or financial advisor, but just from a common sense view I disagree with it. Your partner doesn't already own the £100k equity in the house. What's been written sounds like a legitimate argument if your MIL had died and the house had passed to your partner and SIL, with your partner having a £100k share in it. But as it stands, your MIL owns the house. She might have said your partner can have a chunk of it, but that doesn't legally make it your partner's now.

    As I said though, that's just my reaction to what's been said. You need professional advice.
  • Gonzo33
    Gonzo33 Posts: 440 Forumite
    It sounds more like a 'gifting' situation but I am sure you really need to see a good financial advisor, and also seek legal advice.
    Grab life by the balls before it grabs you by the neck.
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