My husband and I have been married for 6 years. His parents were in their late 70s when we got married and we decided to help them out by living in the same house. A short time before we met, his parents and him moved to a larger house with lots of space. After getting married I moved into that home with my husband and helped pay the mortgage and all expenses as would be expected. The only problem is that the house has always been in his parents' name.
So despite this being the only place we have called home during our 6 years of marriage and having contributed to its expenses and mortgage, I have not been able to determine if it would still qualify as a matrimonial home or if we have no matrimonial home in this case!
What would happen in that case in terms of our division of assets? He works as a contractor so he can work as much or as little as he wants and gets paid accordingly, other than that no other benefits. I make a little less than him but have a good pension. Despite having contributed to all expenses and running the house hold equally with my husband (his parents only receive old age pension) I am entitled to nothing in the case of separation?
Scenario #2:
If that same house is owned and shared by his parents, however in their will leave the house to him and his sister, do I lose all interest in that home when they pass away? And even if my husband only retains 50% of it, seeing as it is an inheritance that would protect it from me correct?
Is there anything I could do to better protect myself and interests in these scenarios?
Thanks for any input!
So despite this being the only place we have called home during our 6 years of marriage and having contributed to its expenses and mortgage, I have not been able to determine if it would still qualify as a matrimonial home or if we have no matrimonial home in this case!
What would happen in that case in terms of our division of assets? He works as a contractor so he can work as much or as little as he wants and gets paid accordingly, other than that no other benefits. I make a little less than him but have a good pension. Despite having contributed to all expenses and running the house hold equally with my husband (his parents only receive old age pension) I am entitled to nothing in the case of separation?
Scenario #2:
If that same house is owned and shared by his parents, however in their will leave the house to him and his sister, do I lose all interest in that home when they pass away? And even if my husband only retains 50% of it, seeing as it is an inheritance that would protect it from me correct?
Is there anything I could do to better protect myself and interests in these scenarios?
Thanks for any input!
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