Protecting sister's inheritance from partner

summerday

No, not married Mountain.

It sounds as though she would be best seeing a solicitor to find out where she would stand. If he isn't ever prepared to try to get a job again, it doesn't really seem fair that he should have any claim to ownership to the property.

Tiddlywinks

summerday wrote: »

No, not married Mountain.

It sounds as though she would be best seeing a solicitor to find out where she would stand. If he isn't ever prepared to try to get a job again, it doesn't really seem fair that he should have any claim to ownership to the property.

You've said he has a medical condition... that might impact on the jobs he can do. How do you know he doesn't try to get a job?

I think you need to stop being so judgmental - your sister is an adult and has chosen to remain with him... whether you like it or not.

Her life / her money / her choice.

Fulfil your legal obligations and leave her to organise her own life.

meritaten

this isn't down to you. your job is to administer the estate and ensure your sister gets her 'inheritance'. what she does with it is up to her - not you.
I understand you are worried - I would advise your sister to put the money in a separate account. one which pays interest and cannot be touched for a while - and see if this guy stays around.
let the money work for her for a couple of years - hopefully she will then have enough for a good deposit on a property - or buy outright if she is in right area. by then she may or may not be with this guy!

hawk30

Tiddlywinks wrote: »

You've said he has a medical condition... that might impact on the jobs he can do. How do you know he doesn't try to get a job?

I think you need to stop being so judgmental - your sister is an adult and has chosen to remain with him... whether you like it or not.

Her life / her money / her choice.

Fulfil your legal obligations and leave her to organise her own life.

Agree

Plus you say that he looks after their LO while she works. Is this not a equally valid contribution to the partnership?

Mojisola

summerday wrote: »

If my sister was able to buy a flat or house using her inheritance as a large deposit and was able to get a mortgage for the rest, and her partner came to live with her, and they later split up, would he be able to claim half of the house from her?

summerday wrote: »

No, not married

As long as she doesn't marry him or let him pay towards any mortgage she gets, then he won't have any claim on her property.

summerday

I know he hasn't tried to find a job because last time I saw him a few weeks ago he was saying to me how he missed one of the perks of his old job that he was allowed to keep until quite recently. He said he would like a similar job. Unfortunately the type of work he did has been made obsolete due to new technology and he has said that he doesnt want to do just anything and wouldn't consider any jobs that involved working with the public because customers are too "annoying". He has had the medical condition since he met my sister but it didn't stop him working full time in a job he enjoyed.

As is always the case with posting on forums, it is impossible to give every single detail in a post, but I certainly never tried to sway my sister one way or the other when they had the difficulties and made clear that I would be there for her whatever she decided.

Money isn't everything, but sometimes it does make a difference to the choices we have, and I wouldn't be surprised if my sister does rethink things in the next few months. I just wanted to have an idea of where she would stand as she says herself she finds personal finance very confusing and worries how she would manage just herself and the little one.

Anyway from the helpful posts on here it sounds as though she will be best seeing a solicitor to find out about how to word things and help protect herself.

Thanks for the help and have a good Christmas.

Person_one

OP, for what it's worth, if she were my sister I'd be worried for her too.

Ultimately, there isn't a great deal you can do, but maybe it's a good time for a heart to heart?

Tiddlywinks

summerday wrote: »

No, not married Mountain.

It sounds as though she would be best seeing a solicitor to find out where she would stand. If he isn't ever prepared to try to get a job again, it doesn't really seem fair that he should have any claim to ownership to the property.

She is about to inherit £60,000 - this will impact on their benefit entitlements as a couple so the OP will need to share the information with her partner.

As to buying a house - how? I think you are creating a reason to worry where none immediately exists.

Unless your sister can find a house for less that the inheritance then how will they finance a purchase? They are both unemployed so your worries are moot anyway as they are unlikely to get a mortgage.

meritaten

summerday wrote: »

I know he hasn't tried to find a job because last time I saw him a few weeks ago he was saying to me how he missed one of the perks of his old job that he was allowed to keep until quite recently. He said he would like a similar job. Unfortunately the type of work he did has been made obsolete due to new technology and he has said that he doesnt want to do just anything and wouldn't consider any jobs that involved working with the public because customers are too "annoying". He has had the medical condition since he met my sister but it didn't stop him working full time in a job he enjoyed.

As is always the case with posting on forums, it is impossible to give every single detail in a post, but I certainly never tried to sway my sister one way or the other when they had the difficulties and made clear that I would be there for her whatever she decided.

Money isn't everything, but sometimes it does make a difference to the choices we have, and I wouldn't be surprised if my sister does rethink things in the next few months. I just wanted to have an idea of where she would stand as she says herself she finds personal finance very confusing and worries how she would manage just herself and the little one.

Anyway from the helpful posts on here it sounds as though she will be best seeing a solicitor to find out about how to word things and help protect herself.

Thanks for the help and have a good Christmas.

I get you don't like this guy much - your sis must see him differently. and it is her life and her 'inheritance'. if SHE wants to protect it then putting it into an ISA or similar will do that. she needs to see an 'Independent Financial Advisor'. tell him/her she has around 60k to invest. and for how long - say two to three years. and take his/her advice. its her money and will go to her. her decision on what to do with it.

sassyblue

summerday wrote: »

Pink shoes- she said if it wasn't for the baby, she wouldn't have taken him back. She was also scared of managing financially when she had no savings or a dependable income.

Have you managed to have a chat with her about her inheritance and relationship since your dad died?