How do I protect an inheritance?

[vickyfowler]

We are in Scotland

I am potentially going to inherit a property that I have zero interest in keeping so it will be marketed as soon as possible. DH has 2 (adult) children who I absolutely do not want to benefit from the proceeds of this property. We also have adult DC together. If there any way to ensure his DC have no claim on the money in the future?

In england it will remain your money if DH dies first, for sure. Don't know about Scotland.

No. If the money is yours in your account then if DH were to die first they can't get that money.

Just checking you have made a will though as you say you will see a solicitor "when the time comes" It's never to early to do wills and POAs too.

Keep whatever it is in your own name, and make sure your will is explicit and up to date. It will probably be worth using a solicitor to make sure any possible loopholes are covered.*
Also make sure someone else you trust knows where to find your will, and preferably give them a copy.

*Talking of loopholes, a childless aunt left her assets to be split between nieces and nephews, and if any had already died, their share was to go to their own children. But the solicitor had added ‘whether natural or adopted, legitimate or illegitimate’.

And a friend wanted to leave a substantial asset to a particular charity. Simple enough, in theory, but his solicitor strongly advised leaving the actual asset, NOT the proceeds of the sale, ‘…otherwise there would be endless hassle, why hasn’t it sold yet, why hasn’t it sold for more money’, etc. He said he had known it all too often.
I for one would not have thought of either of those.

Yes I know this, it’s the whole reason I asked about whether the money would be considered ’of the marriage’ as if it were DHDC would stand to inherit even I he died first.

Thank you, it’s had been answers several times that the money would indeed be safe as ‘mine’

Yes absolutely. ‘When the time comes’ was just re the inheritance, we already have everything in place for our current circumstances

Why on earth ask a bunch of randoms on MN instead of talking to the solicitor who will handle the inheritance/will/sale/conveyancing?

Same reason anyone else asks a question I suppose. Chat, curiosity, some ideas to explore further. I presume you missed the part where I said I would obviously speak to a solicitor when the time comes?

@goody2shoozi have just noted your only input here is to ask why I bothered posting, so right back at you. Why on earth did you come on here to comment that? If you don’t think threads are worthy just scroll on past. No need to tell anyone, we don’t care.