No it’s not our family home. We do not live in the house, only my mother lives in it. It was done to assist my mum financially at the time, it was purely an exercise between my mother and my self. My husband signed paperwork that he would not make any claim on the house. We have never lived in it, only my mother lives in it. But my husbands financial circumstances have changed and he is not coping with his current situation very well. Both my mother and I are now concerned over my husband’s situation deteriorating and he may make a choice to separate from our marriage (note that he is not being asked to do this but he is not coping with his current situation despite all efforts to support him) Is there anything I can do to ensure the house which is her home is protected ?Do you and your husband live in this house?
Thank you very much for this insightHi Angel ,
Unfortunately I have some bad news for you.
I purchased a property in 1982 ( 6 years before I met my wife )
In 1986 I gave my parents right of residence for the rest of their lives in this property and I moved out ( my solicitor drafted the documentation ) .
I married in 1990.
We separated in 2002 .
When it came to dividing our assets it was made very clear to me that the property where my parents lived must be included.
I thought it was dreadfully unfair - but thats the law .
I hope everything works out for you
Robert
Thank you very much for this information I really appreciate it.Based on your answers, I don't think you need to worry about your mother losing her home.
However, he could get the family home in the event of a separation or divorce.
You need to consult a solicitor yourself.
And if he is cooperative, he needs to consult a Personal Insolvency Practitioner.
Brendan
IANALHowever, he could get the family home in the event of a separation or divorce.
But we don't know if his financial difficulties make him insolvent or not.
I purchased my mother’s home some years back and she has a right of residence for the rest of her life ( she is in her early 70s and in good health.
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