My fiance refuses my name on the deed or mortgage on their house and share, but I am named in his will?

In: Mortgage Loan

6 Sep 2010

He is in his 50s I’m in my 30s so it’s likely he will die before me. His ex-wife was severely burned in a divorce settlement many years ago – she left him for someone else and asked for half the value of the house. He re-mortgage and gave him the settlement.

We’re getting married soon and he refuses to put the house or the mortgage on our behalf. However, I am named in his will to come home when he dies. Will there be a financial burden for me any way? I want to know where I am because it will be difficult for the old trains, if I’m not ready.

There are several factors that could help you here.

If the property is now his name is his property and no matter what state you live in, you are not entitled to a portion of the property if you divorce.

You should have in his will in case of death of the house will sell in the rule. The problem with a will, is that it can be made by a family member in question before a probate court, regardless of the relationship, including children from his ex-wife. A better way of estate planning is a revocable living trust to leave property have created for you. A lawyer or para-legal position would be the creation of the trust estate in support of such planning in place. The cost of implementing this type of trust is minimal compared to having to use a permit with the willingness to go that are not challenged by anyone with his last name.

If it is before you die to peace and balance by the mortgage, it is your responsibility to afford to continue to pay monthly mortgage payments if you want to keep the house.

The only option to avoid having to pay the monthly mortgage payment if he is willing to take out insurance, which pays to buy the mortgage in the event of death.

If your name on the deed, and for any reason, and he decided that marriage was no longer a viable option, it would have on the share capital or you could force a kind of redemption the property.



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