Hello,
My father has recently placed a deposit on an apartment which is in his name. My sister and I will be living there and paying rent next year. The rent money that my sister and I will be paying is going to be used to pay of the mortgage of the property.
My father is in a rocky marriage at the moment and I fear that if a divorce should take place, his wife will be entitled to this property that my sister and I are paying for.
I am unsure how to move forward in this situation. I would like to know if there is a way to ensure that in the case of a divorce my sister and I are protected from property settlement issues.
Kind regards,
My father has recently placed a deposit on an apartment which is in his name. My sister and I will be living there and paying rent next year. The rent money that my sister and I will be paying is going to be used to pay of the mortgage of the property.
My father is in a rocky marriage at the moment and I fear that if a divorce should take place, his wife will be entitled to this property that my sister and I are paying for.
I am unsure how to move forward in this situation. I would like to know if there is a way to ensure that in the case of a divorce my sister and I are protected from property settlement issues.
Kind regards,