Home Economics: Our property finance expert answers your questions – Independent.ie

Q My boyfriend and I bought our first home in March just before the pandemic hit, and were very relieved to do so. He has applied for a divorce from his wife, from whom he has lived apart since before I met him and it would be our hope to get married, but not for a few years. A friend told us we could be at a financial loss if he or I died, as our house wouldn’t automatically transfer to the other. Is this the case and what could we do? Our solicitor didn’t mention it.

A The problem isn’t so much that the house won’t transfer (it will if you bought it jointly and a simple will can cover this provision which both of you should make anyway).

The issue is that in so doing, the portion of the home you would receive in the event of a

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