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Sofeeya replied to the topic How do we deal with a joint family home during a 2nd marriage? in the forum Wills & Estate Planning Forum
Hi MV,
What if we were to buy the house as tenants in common with 50% each. Does that work as well?
Thanks,
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MV replied to the topic How do we deal with a joint family home during a 2nd marriage? in the forum Wills & Estate Planning Forum
Hi Sofeeya,
If I understand your enquiry, if you buy a house together in joint names as JOINT TENANTS, and one of you passes away, then the survivor receives the whole of the house. This is irrespective of what is in either person’s will as the survivorship rules means that he asset in questions does not form part of the estate and the will d…Read More
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Sofeeya started the topic How do we deal with a joint family home during a 2nd marriage? in the forum Wills & Estate Planning Forum
I got married again a year ago (2nd marriage) and this is my wife’s 2nd marriage too. We have children from our first marriage but none together. We want to sell our individual investment properties and buy a family home. I have read a bit about binding wills. Will this help us solve a problem if one of us passes away suddenly? Any experience with these?
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MV replied to the topic Are binding financial agreements enforceable? in the forum Family Law Forum
Hi Beverley.
In my experience from speaking to family law practitioners over the years, the most common challenges are:
1. Signing a BFA too close to the date of a wedding or date moving in together. The typical claim is that the effected person may have been pressured into signing the BFA. For example, the stronger financial party may hint that…Read MoreBe the first to like this!no comments - Load More Posts
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