Entitled to a share of marital home?

74jax

Accountant_Kerry wrote: »

I guess that's the key difference you both actually own a house, no idea if the man in this situation has that sort of independence

Well the bank does in my case.... 😂. He owns his.

Another HUGE difference is we were both 100% in agreement and it seriously wasn't an issue. It certainly didn't take 3 threads on MSE to sort out..... :rotfl:

It was more a case of '74jax I fancy a prenup what do you think'. And me replying 'dunno, if you want fine'.

Pollycat

74jax wrote: »

Pretty much. We both had properties and still do. We live in what I originally owned and hubby rents what he originally owned.

In all other ways than money we're equal, but financially..... Miles apart.

It's never been an issue for us though like in the op. But you can definately have a very successful marriage when you both join with differing financial status.

Accountant_Kerry wrote: »

I guess that's the key difference you both actually own a house, no idea if the man in this situation has that sort of independence

I think it can work depending on the attitudes of the 2 people involved and how they deal with the financial mismatch.
e.g. if the person with most money expects the other to pay too much so they are left with very little disposable income, that's unfair.
If the person with least money expects the other to pay for everything whilst they live a life of leisure enjoying 'lady lunches', spa days etc, that's unfair too.

A very good friend of mine was in the former situation where her (now) ex insisted she pay various bills and other expenses out of her child benefit and minimum wage part-time job.
She had a wretched life.

little_green

Flix21 wrote: »

Ok, so partnerships can only be successful if they both have similar financial circumstances?
Accept I may be reading this wrong, but i'm seeing it as - the rich should marry the rich, and the poor stick with the poor.

I would say it's less about rich & poor & more about attitudes to being financially responsible.
There is a difference between being poor & financially irresponsible (though often they are linked).

Malthusian

74jax wrote: »

Another HUGE difference is we were both 100% in agreement and it seriously wasn't an issue. It certainly didn't take 3 threads on MSE to sort out.....

It's not so much 3 threads to sort out, it's more 3 threads of:

Type 45: "I, I mean my friend, wants to sign a magic piece of paper so if she gets divorced she keeps what she had as a spinster"

MSE: "It won't work"

Type 45: "But they're going to sign it with a pen and everything"

MSE: "It still won't work"

Type 45: "They've signed their magic piece of paper, so there you go, you lot were wrong"

MSE: :wall:

This can be repeated as many times as necessary without the outcome changing.

For those not familiar with the difference between a signed agreement and a signed agreement that has legal force, this is essentially the same conversation as the following:

Type 45: "I am going to buy a magic rock that protects me from tigers"

MSE: "It won't work"

Type 45: "You don't understand, it's magic"

MSE: "There is nothing stopping you from buying a rock, or from thinking that it will stop tigers, but in reality no rock on Earth has a magic quality that will repel a 300kg cat"

Type 45: "Ok I've bought the rock, so you were all wrong"

MSE: :wall:

74jax

Malthusian that's brilliant.


I'm starting to think it's wind up that we have all bought in to though, as re-reading the thread in November, it says :


One of us has a small mortgage (£70K) on a £300k house. The other owns property outright. Savings of £50k and £100k respectively. One of us (sadly not me) in line for nice inheritence.


Would you really wish an inheritance on yourself...… it's like saying sadly my parents haven't died yet...…


I actually think I have been duped into the thread..... goes off rather annoyed now to give myself a talking too...

Type_45

Accountant_Kerry wrote: »

I guess that's the key difference you both actually own a house, no idea if the man in this situation has that sort of independence

Yes, the man has his own house with over £200k of equity which he will rent out.

Type_45

74jax wrote: »

Malthusian that's brilliant.


I'm starting to think it's wind up that we have all bought in to though, as re-reading the thread in November, it says :


One of us has a small mortgage (£70K) on a £300k house. The other owns property outright. Savings of £50k and £100k respectively. One of us (sadly not me) in line for nice inheritence.


Would you really wish an inheritance on yourself...… it's like saying sadly my parents haven't died yet...…


I actually think I have been duped into the thread..... goes off rather annoyed now to give myself a talking too...

Inheritance is a fact if life. People die. And I'd rather be given money when people die than not be given money.

You're the strange one here.

thorsoak

Type_45 wrote: »

Inheritance is a fact if life. People die. And I'd rather be given money when people die than not be given money.

You're the strange one here.

Glad you're not my relative!

Type_45

thorsoak wrote: »

Glad you're not my relative!

Unless you're old and rich, then so am I.