DP is part owner of a financial advisor company owns 50% though only takes part in meeting.
DP assets are 50% of business and a house owned by family.
My assets are a 3 bed house.
We are moving in together into my house - plan is to rent DP house.
We be mortgage free - discussion agreed he pay all bills. I work part time due to health, he works full time as a civil servant, and goes to business to make decisions on family business, so agreed keeping assets separate. So if we split he won’t have say on house, he just move out back into his family house, which will be rented.
DP has said once we married he wants to make sure that if in long term that I looked after so will have income from business but I won’t be allowed to sell business as he feels it must stay in family his family. So if DP dies I will get his share of business and income but can’t sell it, once I die it goes to his newphews.
So I said DP can have income from rental of my house, until he passes then my house will go to my family member or charity i wish, so keeping assets separate but incomes will support each other through retirement and I’ll health.
Very clinical I understand DP assets are roughly 6x mine roughly. And it family business DP 6th generation, I just feel sad as if I’m not his family so I have to give his family back his share though he wants nephews not to do the business and just get others to manage it and run it, while they just receive income, so in theory I have to say yes to let them in a sense rent the business out and just receive minor income and expected to have 50% responsibilities in running it.
DP get roughy £700 month basic income from business for just making and agreeing decisions. So DP feels i should receive this in his death, but I will have to take over DP responsibilities.
My asset my house in this situation after marriage I would be happy for him to have my house without him expected to give back to my family.
AIBU, that I want to have joint assets and not have to be classed as not family as I won’t in theory be able to enjoy his asset accept work for his income on his death?
Darling friend was like you won’t get anything out of it as your be working for it, yet DP nephews will get it all, and I happy for DP to have my assets as we be a couple and if we had children (it’s big if - fertility issues) that I’m DP family so I should have something??? Or am I being a total CF to think marriage and trust means all of what I have is yours kinda thing!
DP DB wife will get the business, and from understanding there nothing saying that she cannot sell it, whatever happens DP nephews will benefit, i just feel inferior to not being able to possible give DP children???