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Inheritance tax Q involving DH

1 reply

JaffaCake24 · 18/12/2023 21:25

DM sadly passed away and I will inherit a reasonable sum.

I am concerned about how things will change between me and DH.

V traditional marriage, he works full time, I’m at home. He gives me a lot to look after kids/run the house. But then he earns v well.

We have three options as far as I can see with what to do with DM’s nest egg.

  1. buy a bigger house. DH has our own house in his name only. He bought it and I have contributed nothing. We have been married 20 years though.

  2. I buy a flat close by and rent it out. However DH will no doubt say now I’m getting an income he’ll stop giving me monthly allowance. Perhaps this is fair?

  3. I buy somewhere abroad and go out with DC for holidays there. DH will not join because he’s a workaholic.

We’ve never had joint accounts.

We never will.

I think I’ve read on here if I put it into the marital home it becomes half his. Is that right?

If I buy a flat by myself or abroad, does it remain mine, if we were to divorce?

HopeMumsnet · 19/12/2023 13:51

Hi there,
Hope you don't mind, OP, but we've moved this to Legal Matters where we think you'll get good advice.

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