We gifted our son the deposit for his house. Signed papers to say it was a gift. We could ill afford it and both he and his ex agreed that if they ever sold the house and had decent equity they would give us the money back. The house was in joint names with.his partner. They later parted and there was equity in the house. His partner got half equity which included the deposit we gave our son. She refused to give back the half of the deposit. Legally, although not morally, she was entitled to half of the deposit. W should have had something signed that the gift was to our son and that should they part she would have no claim on that sum.
All credit to our son, he gave us back his half of the deposit but his ex refused to do so.
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