Quizzes & Puzzles0 min ago
Wills and stepchildren
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Hi, please can anyone give me some advice....I met my partner over two years ago, and are extremely happy. I moved him into my house over a year ago, and he is now in my business with me as joint owner. I set up the business myself ten years ago. My partner did not get any money from his house that he owned with his ex wife. He has two children that stay every other weekend, and I have my son who is 12 living with us. We are hoping to get married next year, which will mean I will have to make a new will. My partner thinks it should be made that anything happens to me, he gets everything vica versa. I do not have a problem with that, but then when the last person dies the money should be split equally between the 3 children. I do not agree. I have ownly known his children for two years. They get on ok with me, but you can tell there is no love there. I think it would be fair to say give my son a larger percentage, as he has been with me all the time. The house is in my sole name and any saving policies I have are in my name too, as I have had everthing before my partner came along. He didn't have any money to put in the pot before. He has made my business run smoother for me though. Please advise me of what you think. many thanks
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Your son should come first and have top priority over all assets. Your partner brought nothing to the pot except his recent contribution. I would say your son gets the lion share. I would put everything that's currently on my name on my son name also. God forbid, but if something happens to you then your partner would take charge and who knows how your son would get treated; furthermore him having access to what you worked hard to provide for him.
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