I'm in the process of getting divorced. My father in law has laid claim to over 50% equity in both our properties as he put the initial deposit down about 12 years ago and says the intention between him and his son was that this would be paid back to him. He is not in the title deeds.
He is now saying that he wants all his money returned to him and wants to force sale of our matrimonial home and our buy to let asap. The calculations he has presented me with leave me with very little and mean that I will not be able to stay in the area I live in. I am sole carer of our 3 yo daughter and she is settled in the area, as am I.
He has presented me with a deed of trust which he says I signed 3 years ago just after the birth of our daughter. I know I didn't sign it on or before the date on the document ("this deed of trust executed on XX"). He has also said the intention was always there that his investment would be returned to him.
I am taking detailed legal advice at the moment but wondered if anyone had any thoughts on this?
Meant to add that he is incredibly wealthy and does not need the money back now!!!!! I have contributed vastly to the mortgages on both properties.