Quote:
Originally Posted by DemolitionRed
I think its a good idea to have a pre-purchase agreement. There was a couple on a boat yard we were once on who lived in his Dutch barge that still had a mortgage on it. They had no such agreement but she was his life partner so she shared the bills, including money towards the mortgage. He died suddenly and his greedy family descended on the boat and took everything. There was nothing put in place to protect her and so she lost her man, lost her home and got nothing.
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Right but the point here is that Truth DOESN'T want to share the house with her 50/50 and that exact same thing could happen to her, given that whoever did inherit his share would own more than half of the property. I'm totally with you when it comes to ensuring that partners DO have rights to half of everything when the unexpected happens, but truths angle is to specifically ensure that she DOES NOT have rights to half. My question would be, why would anyone really want that sort of relationship? I guess that's entirely his business. But then, he is asking for advice on a public forum so I guess it's open for comment
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