Is my new wife entitled to my house?

mrginge

This is the kind of money making scheme i like.

You and ex are entitled to a half each.
You remarry.
New wife is entitled to half.
Thats 3/2.
In a single stroke the house price has gone up by 50%.
Its no wonder all these people are struggling to get on the housing ladder.

SuperSaver123

mrginge wrote: »

This is the kind of money making scheme i like.

You and ex are entitled to a half each.
You remarry.
New wife is entitled to half.
Thats 3/2.
In a single stroke the house price has gone up by 50%.
Its no wonder all these people are struggling to get on the housing ladder.

:rotfl: I love these modern calculators!

I think I should consider divorcing and then remarrying my husband..

new business idea and easy profit, I just have to deduct costs of solictiors and wedding parties :cool:

TBagpuss

Have you and your first wiofe got a formal court order? If not, do that first *before* you remarry. You will not be able to apply to the court in the event of any dispute with your ex wife, once you have remarried.

The order will also define your ex's interest in the house. As well as defining what share she is entitled to, it would be sensible to define when she is entitled to it. Given that you are about to remarry, are you and your current partner in a position to remortage to buy her out? if not, it might be reasonable to have a deadline by which you must either pay her out by re-mortgaging or sell the house to do so.

In terms of your fiance, once you and she are married, she would have a claim agaisnt *your* assets, in the event you and she were to divorce at a later stage. She would not be entitled to any share of your wife's assets.

If you do nothing, and if you and your first wife own the house as joint tenants, then if you died, the house house would pass to your ex wife under the joint tenancy and your new wife would not get anything, so even of you chose not to sign up to a consent order with your ex, you should as a bare minimum sever the joint tenancy, which will then allow you to leave your share of the house to your wife by will.

Unless your new wife is going to be bringing financial assets into the marriage it may also be sensible for you to consider whether you and she should have a pre-nuptial agreement. This would allow you to limit any claims she might have against you in the event of a divorce, particularly in the early years of the marriage. While the split on divorce is not automatically 50/50, contributions made is only one of a range of factors taken into account, and contributions towards the purchase of the matrimonial home are the least likely to be taken into account, so she could potentially be entitled to half of your interest in the house, as well as to a share of any other assets you may have, such as pensions.

Valg_2

My partner and I have been together 12 years and the house we bought together is in his name we are going through a bad time can I put a second charge on the property to stop him selling without my knowledge

Thrugelmir

Valg wrote: »

My partner and I have been together 12 years and the house we bought together is in his name we are going through a bad time can I put a second charge on the property to stop him selling without my knowledge

Best to read the dates of posts before posting. Last activity on this thread was in November 2014.