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Who gets what?

9 replies

Tothepoint99 · 18/04/2022 19:50

How have other couples who are married divided their assets in their will/s, when there are children both between them and also from their wife's/husband's previous relationship?

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Moochio · 19/04/2022 06:20

Our assets go to each other in a trust until we remarry or die. Then his half is split between his kids and mine between mine.

Tothepoint99 · 19/04/2022 11:54

Thanks for replying.

So if you remarried, your husband's half would go to his children? But what about his children you have together? Would they get their portion from him then, then from you later?

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overitall1 · 19/04/2022 12:00

You speak to a solicitor! I thought our wills were going to be dead easy but they ask questions I would never have thought of. Worth the expense.

Moochio · 19/04/2022 12:01

@Tothepoint99

Thanks for replying.

So if you remarried, your husband's half would go to his children? But what about his children you have together? Would they get their portion from him then, then from you later?

Yes and yes. But I agree worth going to speak to a solicitor.
caringcarer · 19/04/2022 12:09

My sister and brother in law have will stating the living partner can remain in house until their death, then house split between my sister's 3 children as house was hers before they married. He will leave money from pension to my sister and money in his saving account from sale of his house split between his 2 children. Any money in their joint account, and they keep a fair bit in there, will just go to partner.

caringcarer · 19/04/2022 12:16

My second DH has no biological children of his own but helped me bring up my youngest 2. Oldest was at uni when we married. He says he is leaving everything to me (house, pension and his btl) if he dies first except gift of £10k for each of my 3 children. I am leaving house, savings and pension to him. I am Leaving 2 btl to be sold and equity shared between my 3 DC plus a lump sum of £50k to each of my 3 children and £5k each to 2 grand children. My dc will get majority of their inheritance when second one of us dies. 8 btl houses in all and most have a lot of equity in them.

Tothepoint99 · 19/04/2022 12:35

Thanks for the replies. Many more possibilities than I had thought.

The idea of a Trust is something I had never thought of...thought half a house would have to actually go to someone.

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happinessischocolate · 19/04/2022 17:26

@caringcarer

My second DH has no biological children of his own but helped me bring up my youngest 2. Oldest was at uni when we married. He says he is leaving everything to me (house, pension and his btl) if he dies first except gift of £10k for each of my 3 children. I am leaving house, savings and pension to him. I am Leaving 2 btl to be sold and equity shared between my 3 DC plus a lump sum of £50k to each of my 3 children and £5k each to 2 grand children. My dc will get majority of their inheritance when second one of us dies. 8 btl houses in all and most have a lot of equity in them.
Genuine question. What happens if you die first and then a gold digger marries him and get him to leave everything to her and her children?

It happens all the time.....

Tothepoint99 · 19/04/2022 22:00

That's the point of the trust...I hope. She won't be able to get the half of the house that the deceased person owned only the half that the surviving spouse owns.

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