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wills and Girlfriends
1618
Posts: 140 Forumite
Recently my son and his girlfriend purchased a house for 125K,my son introduced 80k cash to the sale by way of an inheritance leaving a 45k mortgage.The solicitor got his girlfriend to sign an agreement basically agreeing if they split the mortgage would be paid of first,then he would receive his 80k and any profit would be split equally.Is it possible for him to write a will where the 80k would be paid to his parents if the unthinkable happened,or could his girlfriend contest it??
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Comments
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If there was no will (intestate?), then his 'estate' would be passed to his family - his girlfriend wouldn't get a sniff unless children were involved too.Life is about give and take, if you can't give why should you take?0
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No children involved AT the moment0
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yes he can write such a will but as it's a bit non standard then he should seek a solicitor to help draft it properly...
I'ld also suggest he thinks a head a bit too, like what would happen if there were kids (that might be very different as he might want his GF to have the house to make a home for your grandchildren)EU tariff on agricultual product 12.2%
some dairy products 42.1% cloths 11.4%
EU Clinical Trials Directive stops medical advances0 -
How was the house purchased...was it as tenants in common or joint tenants?2014 Target;
To overpay CC by £1,000.
Overpayment to date : £310
2nd Purse Challenge:
£15.88 saved to date0 -
is that what your son wants
when we bought our first house and we wasnt married im sure if the unthinkable happened i would like my girlfriend/future wife to live in our home we have made.:cool: hard as nails on the internet . wimp in the real world :cool:0 -
Recently my son and his girlfriend purchased a house for 125K,my son introduced 80k cash to the sale by way of an inheritance leaving a 45k mortgage.The solicitor got his girlfriend to sign an agreement basically agreeing if they split the mortgage would be paid of first,then he would receive his 80k and any profit would be split equally.Is it possible for him to write a will where the 80k would be paid to his parents if the unthinkable happened,or could his girlfriend contest it??
Well thats wrong for starters (assuming they pay the mortgage 50/50). Your son should own 80/125th of the house for his deposit plus half of what's left 22.5/125th, so he should own 82% of the house. Therefore if they split, pay the mortgage off and you son should get 82% of whats left.0
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