I've met a lovely man! Hooray! But of course things second time around can come with complications..
If two people remarry and both have children from their previous relationship (and they not intending having more children) what is the implication on inheritance?
One person has a wholly owned property worth about 360,000 and one child.
The other has a mortgage of about 150,000 and two children.
If they marry, my understanding is that the other spouse will inherit all unless a will is written. But if a will (and/or prenup) is written then is there an ideal situation that will ensure that the spouse who lives on can remain in the home but all children will not feel that they want their ‘share’ of the inheritance monies? Plus I've read some stuff that implies a will can be turned over in these circumstances and a child 'disinherited' due to the complexities of English law
My own dad lives on his old home but feels pressure (implied or real) to move and free up money for his late wifes children.
I hope that’s enough information and thank you for any suggestions or advice