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Inlaws & Early Inheritance Question

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Comments

  • Yorkie1
    Yorkie1 Posts: 12,486 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    If the agreement simply states the £100K figure on any divorce, it doesn't take account of inflation.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Ultracheap wrote: »
    The mortgage would be paid jointly as we both work.
    The negative equity comment by MallyGirl is a good point right?

    Don't open that can of worms unless you plan to stay married for a short time and pick the wrong house.

    it will move you towards full equitable shares and could complicate things in way that is not always appropriate for a couple with kids where there is a big element of shared resources
  • melanzana
    melanzana Posts: 3,953 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    He isn't "releasing inheritance", he's giving you money.

    Yes it's a gift. But the daughter's inheritance might be reduced by that amount on the death of the parent. The will could ensure that other siblings would get the 100k amongst them for example, thus reducing this daughter's benefit.

    That's what I read into the "advance inheritance" anyway.
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