Was wondering if someone could shed some light on this. My partner and I are getting a place together, he is selling his house, and I am selling mine soon.
Whatever he makes from it, we are drafting up his deposit and whatever I make on mine I am putting in that percentage too, so its fair.
We are engaged too and he has 2 kids from 2 different women. Hoping to get married in the next 2 years time. However my dad and myself are a stickler for drafting up contracts whereas this annoys my partner but he has now come round to this idea if he wants to get married, I dont have rose tinted glasses on I kind of want this to be fair on both parts, not that its a nice topic to discuss.
At the moment his will states that both of his kids get his money when he dies etc. He said if he goes first, he will change his will and the money goes to me and if I then go after him he said he would want whatever is left to go to his kids. Which is fine by me.
I have quite a lot of money coming from my parents inheritance wise and dont want this to go to his kids when I go and he goes too so my parents money is given to his kids once we both go.
I would want this to go to a charity, is this bad, as not too sure what to do/suggest.
He said he would like me to give the rest to his kids when I go as we are after all dead and we wont know he is assuming what I get from my parents too. However my dad has worked incredibly hard over the years and I dont currently have any bond with my partners kids and this wouldnt sit right with me and I believe I need to get this drafted up mentioning whatever I have from my side of the family would need to go to my sibling, my brother but again we arent close either. so can I send this off to say a dog charity as this would sit well with me :)
Anyone's thoughts? as I wanted to get this right in terms of what is drafted in a will and also houses too.
thank you for reading.