My question is my wife and I bought our current home together , we both put equal amounts in for the deposit, if we got a divorce I have no problem with splitting everything 50/50 our savings everything, I am the only one working, I have a step daughter with my wife .
My fear is my wife said she would take half my other house which I bought before I met my wife , she has never even seen the house let alone put a single penny into it . Can she make me sell it for half the money , we will have been married 5 yrs in December.
Thank you for reading
I am 50 my wife now s 47 .
Lived together for 4 yrs in her house .
She sold hers and I sold one of mine and we put almost equal amount into buying our current home .
We have two cars , not much savings but like I said I’m pretty much the sole earner , and I’m happy to split 50/50 .
But it’s my second house I’m concerned about
My wife has a daughter 12, the father is still around and pays for her private school as he is financially sound,
If we sold our home now we would both walk away with £100k each ,
She likes being at home , does very occasional self employed work ,
£100k .Yes it should be plenty to start again.
I have a pension that has been frozen for years and is worth virtually nothing.
My income as self employed can vary between 45k to 60k .
Hers is only the minimum before tax , not that she can’t work she says it’s difficult with school runs ect ,
Second house I would roughly say equity is about 60k .
If I signed the house over to my two brothers ,in enough time! would that stop her claim should the worst happen