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Money can be a curse

(108 Posts)
petra Mon 25-Mar-13 15:56:02

By this I mean: if I didn't have any money I wouldn't be in the situation that I am now of one DD accusing me of giving more to the other DD.
This is totally untrue. The trouble is, the accuser is in a bad way with her health and her love life and she wants to lash out at someone.
I wish I had had a warning, then I could have put the crash helmet on LOL.

johanna Thu 28-Mar-13 20:17:00

Thanks Ana
Did not realise.

HUNTERF Thu 28-Mar-13 20:42:46

absent

If the offspring are on the land certificate as half owners and the surviving parent is in the property and they bring a new wife in to the house there may be problems if a proper legal agreement is not done.

Frank

bluebell Thu 28-Mar-13 20:50:56

Why do these threads always end up sounding so.....oh I don't know. If I died in the next year or two, DH might marry again (hopefully after a decent interval) to a lovely person - they could be married for 20 years or more, she might look after him through awful illnesses etc ( leaving DD free to enjoy her life) I would want my replacement to be looked after if he died first and not just seen as a gold digger or whatever.

Galen Thu 28-Mar-13 21:02:00

It wouldn't have worried me in the least and if I had predeceased my husband!
Well it wouldn't would it?
I would have hoped he would remarry and find happiness! I would have trusted him to make provision for all his children.
As it happened he died 10 years ago and I have not met anyone in whom I'm the least interested.
But if I did, I would make sure the house went to my children.

Enviousamerican Thu 28-Mar-13 21:13:16

anyone who doesn't agree to that isn't someone you would want to marry.

HUNTERF Thu 28-Mar-13 21:25:15

bluebell / Galen

It is difficult to cater for every eventuality with wills.
As you know my wife passed away, my house in London was sold when I got early retirement in London and my father wanted me to join him in the house which he was living in which was half owned by me.
I had several jobs done on the house and spent about £50,000 from the sale of my own property within 18 months.
Dad could not have stayed in that house had it not been for my pension.
I was only able to spend this money as my position was covered by being a half owner in the house.
It would have been no good say 2 years later my father getting married and having the right to throw me out of the house.
If you agree with your offspring that they will return to the parental home that agreement has got to be honoured especially when the offspring has spent a substantial amount of money on the property and possibly the parent.

Frank

HUNTERF Thu 28-Mar-13 21:29:22

Galen

If you met this dream man I think you would have to will the property to your children on the proviso they allow him to stay in the property for the rest of his life if you pre decease him.
Of course there could be problems if he finds another wife to replace you.

Frank

Galen Thu 28-Mar-13 21:35:48

frank are you applying for the position ?

HUNTERF Thu 28-Mar-13 21:43:56

Galen

No I am not.
Our family is very stick together with all estates etc going to the offspring.
There has not been a single divorce.
Mine is the only marriage which has terminated before the people were 75 in living memory.
Nobody has got married for a second time.
I do not want to complicate matters.

Frank

Galen Thu 28-Mar-13 21:45:36

grin scaredy cat!grin

Ana Thu 28-Mar-13 22:21:35

Why would Galen have to make a provision for her 'dream man' to live in her house if she predeceased him, Frank?

It's her house - she can leave it in her will to whoever she wants, and I don't think a spouse/partner would have any claim on it if that wasn't what she wanted, especially if they'd not contributed financially in any way.

Galen Thu 28-Mar-13 22:24:44

grin [wooden stirring spoon] emoticin

HUNTERF Thu 28-Mar-13 22:28:01

I am presuming they would live together and possibly marry.
He would have to have somewhere to live if Galen pre deceases her.

Frank

Ana Thu 28-Mar-13 22:28:53

Why?

HUNTERF Thu 28-Mar-13 22:30:17

Ana

Where would you expect him to live?.
On a park bench?.

Frank

Ana Thu 28-Mar-13 22:32:50

If Galen didn't leave her house to him in her will, it would be his problem where he lived. A spouse isn't necessarily obliged to make provision for their other half - it's not the law!

HUNTERF Thu 28-Mar-13 22:40:02

I think he could have a claim under the Family Inheritance Act 1975.
Of course the court will have discretion on how the estate is distributed.
The court may say the man will be able to live in the house and the children may have to wait for example.
I am not sure what would happen if the children owned half the property before the marriage happened.

Frank

Galen Thu 28-Mar-13 22:47:40

Thank goodness we are not going to marry! I couldn't deal with the convoyed legalities!
I thank the gods I've had a lucky escape!

HUNTERF Thu 28-Mar-13 22:51:06

Galen

Late in life marriages can cause no end of problems to the families.

Frank

Ana Thu 28-Mar-13 22:53:35

You have been warned, Galen! grin
(Just keep dream man as a bit on the side is my advice!)

gracesmum Thu 28-Mar-13 22:56:05

But surely the people who matter are the couple in question. I do not think adult children have any call on property unless their parents so wish it. For heaven's sake - what does growing up mean if it doesn't entail standing on your own 2 feet?

HUNTERF Thu 28-Mar-13 23:00:36

gracesmum

I did have a claim in my parents property.
My mother left her half to me and I spent money on the property.
Dad could have not have stayed in it if it had not been for my pension money.

Frank

gracesmum Thu 28-Mar-13 23:08:58

[Losing the will to live again] emoticon

Ana Thu 28-Mar-13 23:09:50

I think we've established that by now, Frank. Even I, one of your staunchest supporters, am getting a bit tired of the endless repetition of the reasons for your claim to your father's house. hmm

HUNTERF Thu 28-Mar-13 23:12:47

I don't think Dad lost the will to live.
He was always planning ahead.
He passed away in January, we had booked an Easter and June holiday and he was asking about a September holiday.

Frank