Hi All,
strange question.
I am separated (waiting a LONG time for her obligations of the separation to be met prior to filing for divorce).
My GF is selling her home later this summer and moving in and "buying" a 50% equity share in the home (i own 100%). I have some debt that I want to clean up and she wants to front me the cash (about 15k) and put that towards the house - perfect.
She is (reasonably) nervous if something happens to me during this time before she moves in that she would not see her money again. Her lawyer tells her a statement of debt from me would not hold up and that she needs to register a mortgage to me (at a cost of several k).
Seems like overkill, i don't plan on dying but won't go down this road if she is at any risk.
I should add that the separation agreement that Upon my death the children receive my life insurance (500k) through a trust. All other claims to my estate were revoked.
thoughts?
strange question.
I am separated (waiting a LONG time for her obligations of the separation to be met prior to filing for divorce).
My GF is selling her home later this summer and moving in and "buying" a 50% equity share in the home (i own 100%). I have some debt that I want to clean up and she wants to front me the cash (about 15k) and put that towards the house - perfect.
She is (reasonably) nervous if something happens to me during this time before she moves in that she would not see her money again. Her lawyer tells her a statement of debt from me would not hold up and that she needs to register a mortgage to me (at a cost of several k).
Seems like overkill, i don't plan on dying but won't go down this road if she is at any risk.
I should add that the separation agreement that Upon my death the children receive my life insurance (500k) through a trust. All other claims to my estate were revoked.
thoughts?
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