NSW Guarantor to Husband's Loan - Consequences if We Separated?

[ada]

My husband set up a unit trust for buying a property. His family trust is allocated units in the unit trust. I have been added as a Guarantor on his loan but not a beneficiary on his family trust.

Can you let me know how this will impact me in an unforeseeable event such as a marriage breakdown? He is unable to pay his debt and death.

 

[Tim W]

Separation and/or divorce will have no effect on the loan contract or on your obligations as guarantor.
You can't divorce a loan contract.
You can, as part of a property settlement in a divorce, negotiate to exit the guarantorship,

And that non-specific feeling in the bottom of your gut
that something odd is going on here?
You are not being paranoid.
Take yourself to a lawyer of your own, and get formal advice about your situation.