Am I over reacting??
Now married 11 years.
Please can you tell me whether I'm over thinking this, will me an my babies be financially safe.
Brought a house as newly weds after 2.5yrs of marriage - my name not put on house. Husband invested majority share. I thereafter paid full mortgage and part bills for 3years after. I created a little fuss about moving as I was worried investing in something I'm not part of. So he transferred one of his flats to my name releasing equity to buy the house.
Once first baby was due to arrive he added my name to the mortgage/house.
Then he did another basement project and didn't add my name to the development which I was fine with as he started the investment before we got married. But I provided strong support and inspiration on how to design and layout interiors.
2nd baby due to arrive and he decided to invest in a huge project but only with his parents and not me.
Raised concern and said we should be doing this together as a team. What he did prior to marriage was his but now it's about us. His comments "business is business" it's not a "family investment".
2 years on and the project is close to completion but it is taking forever to release equity from it! I've absorbed all my savings and credit borrowing into this project to support him. He's done the same and so have his parents. BUT my name is not on the assets.
Also I've kept our family house afloat - working part time due to 2 kids (have a high flyer job but on a 3 day basis), look after all kids expenses - nursery fees, clothes, groceries, household necessities, family and friend gifts, plus supporting him where I can.
I also take care of my toddlers and he is hardly ever around. I've gone through the hardest years in my life with limited support.
Is it fair that the investment doesn't have my name on it although I've invested so much into it emotionally and financially?? (Although he said he'll pay off everything once money comes through).
feeling insecure what if he decides to leave us then where does that leave me and my kids? Are we legally protected financially even if our name is not on the deeds?
Why would a partner structure investments in such a way, is it to protect their finances from their partner?
Do you think this should have been a “business investment” solely under his and his parents name or should it have been a “family investment” including my name?
I’ve taken a step back in my career and my prospects are limited so how would I build investments if my income is not proportionate to his? How do I bridge that gap? Do I say to him that his kids are not his because he has not invested any time in bringing them up or being there for us (Maybe not because I can’t put a price to it!) ?
Really need clarity, so if anyone can shed some legal advise on this it will help sooth my mind.