Ready, steady… save!
You don’t need a chart to join in. Here are 2 ways to record your savings:
1. Cross it off
Pop a chart into your first post. Saved an amount? Cross it out! Read more »
£0.01 £0.02 £0.03
2. Write it down
Skip the chart and add updates to your first post. Read more »
“Another +£3 saved today. Go me!”
Use +£ before each new saving so it counts towards your total.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Wills
My husband and I own our house as 50/50 tenants in common. We have taken out a Lifetime Mortgage with Aviva. I wanted to make a Trust Will leaving my share to my adult child with my husband being able to live in the house until his death. Aviva have said that this is not possible. Is there another way to go about this?
Comments
-
I am afraid the LTM is going to prevent an IPDI trust coming into effect unless it is cleared on your death.
Who is your husband leaving his estate to of he is last to go?0 -
At the moment it would be split between our children (from different relationships). My concern is that he might remarry and then his new wife would get everything.
0 -
The same would of course apply if he died first. I think you both need professional advice preferably from a STEP solicitor. This may be one of the rare cases where mutual wills would be appropriate.
2
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.9K Banking & Borrowing
- 255K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606.1K Mortgages, Homes & Bills
- 179.1K Life & Family
- 264K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards