Hi, I received my dispiccable ex husbands form e yesterday, he is claiming that he is owed s hare in another property, worth £35,000, this is from a property that was always being held in trust for all my parents grandchildren, when my daughter was born (my husband was out of work, on the dole at the time, and showed no interest in getting a job, wanted to make it as a musician, but had creative block too, so just didn't nothing), this property was always for the grandchildren, but was put in the siblings names instead, as they were advised against trusts, as being "complicated to manage". Anyway, trust has been since out into action, I am not even a trustee, the entire property was put into trust and a deflation put on there stating it was always the intention. My exs family ALL know very well this was always the intention, why on earth, would they want to give a share of a property to an out of work guy they didn't even like? They wouldn't! Anyway, he is claiming, he is owed it! In mediation a year and a Lahr ago, he said to, "I've lost MY INHERITANCE because of you!" meaning from my family! Obviously he is not a nice man and divorcing him was the right thing to do! LolHe claims, he wants the London property put into his sole name. But he only earns 20,000 a year, so how could he get a mortgage to cover 150,000?He is also claiming the house value is 150,000 not the 175,000 - 180,000 it's actually worth, ive had 4 valuations done! The trouble is, the equity is is 25,000, 5,000 is owed to my parents, a legal loan document was drawn up, this must be repaid, and he always shirks repaying them anything, even though, they paid all of the deposit for the house, gave him a car, let us live rent free etc etc, with the legal fees, house sale fees and all the stress, I feel I would be willing to offer he keep the property, but pay £83.33 a month to my parents for 5 years to repay the £5000 loan/debt. Can this be a court order? I want him to write a statement ad,it ring he knows damn well the children's trust was always their trust! And also, I'd want him to prove he can get a mortgage within a time frame, I am not willing to let my name be on the mortgage and the deed indefinitely. Do you think this is a reasonable suggestion? At the end of the day, my parents think he deserves nothing he's claiming on his children's inheritance etc. but I am so stressed, and he will make it difficult to sell, as he's living there, could go on for a year or much longer. I just want to see the back of him. Plus he hasn't bothered to see the kids hardly at all for two years, and all of a sudden willing to come and see them in a routine. He is using them, and I want him to see the for genuine reasons, not because he wants something, and yea I know this to be true! There is no question whatsoever! Thanks
Province/Country relating to question : England
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HiCould you just confirm what assets and debts there are available for division.Claire
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