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endowment after divorce
thestrokes1251
Posts: 2 Newbie
I divorced 11 years ago having signed over the house and all the endowments to my ex. he now has a policy maturing and says I have to sign it to allow him to access the funds. surely as I signed ig all away 11 years ago its nothing to do with me. I wont get any of the money but he says I am legally obliged to sign it for him. anyone else come across this.
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The provider still needs your signature to accede to the request.0
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Yup, I'm in the same position. I need my ex husbands signature to release the endowment, I got it in the split and have paid the monthly payment for years.0
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he now has a policy maturing and says I have to sign it to allow him to access the funds. surely as I signed ig all away 11 years ago its nothing to do with me.
The policy should have been assigned 11 years ago. Sounds like it wasnt. A failing on the part of the solicitor.I wont get any of the money but he says I am legally obliged to sign it for him.
If it was part of the settlement then what is the problem with you signing it?
Life is too short to cause trouble. Just get it over and done with.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
thanks for replies.if we were amicable it would probably not be an issue but after years of an abusive marriage I don't owe him any favours. if he didn't know how to contact me I am not sure how he would get round it and it seems a bit unfair to both sides.0
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if we were amicable it would probably not be an issue but after years of an abusive marriage I don't owe him any favours.
In that case, he probably feels the same way and will have no problem with taking you to court. You will have solicitors fees to pay and if he wins, which it is likely based on what you have said, you will also have to pay his charges.it seems a bit unfair to both sides.
No it doesnt. An agreement was made but a clerical error means that a bit of work was not completed at the time. You now wanting to go back on that agreement and create trouble which could end up costing you money is just pointless and stupid. You divorced 11 years ago. Move on with your life. Dont cut your nose off to spite your face.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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