She has recently got divorced and consequently she has £184,000 in her
bank account from the proceeds of the sale of her house which she lived
in with her ex-husband. She owes approx. £20,000 on credit cards, thus
leaving approx £164,000. I also think she has a pension but not sure
what that is, and I am not sure whether she has any life assurance. She
also has a Car which is in her name, which was bought recently for
£11,000 and paid for in full, which my son drives.
She may also hold some shares but again I don`t know how many and
My son, as I said earlier, has been living with her for approx the past 2
years at their current address and has been paying money into her bank
account to help pay for the rent and bills, as far as I am aware for the last
My current concern is that he does not earn enough money to stay in the
flat on his own.
She is an alcoholic and has been very difficult to live with especially, the
last 12 months or so, when my son has had to care for her whilst holding
down a job at the same time.
I don`t think there is anything in joint names apart from a bank account
which has no money in it.