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I'm planning for the future and trying to prevent damaging future possibilities. I’m thinking about retiring overseas in 6 years. I was hoping to allow my son and his partner to live in my house rent free because it's much larger than the home they recently bought and they really like it here. They currently have no children together but I expect that children and marriage are a very real possibility in the next several years.
My question is this please. If they were to live in my house rent free and then get divorced or separate, is it possible that a court might look at the situation like "he doesn't need a home because he's living in one rent free" and then not give him half or a decent share of the home that they currently own together?
If I needed to come back home to live I'd hate to be forced to have to live with my son because his financial viability had been removed by a damaging divorce or separation settlement. Maybe I'd have to rethink my plan is that's a possible scenario.
Many thanks to any who contribute.
My question is this please. If they were to live in my house rent free and then get divorced or separate, is it possible that a court might look at the situation like "he doesn't need a home because he's living in one rent free" and then not give him half or a decent share of the home that they currently own together?
If I needed to come back home to live I'd hate to be forced to have to live with my son because his financial viability had been removed by a damaging divorce or separation settlement. Maybe I'd have to rethink my plan is that's a possible scenario.
Many thanks to any who contribute.
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