Hi all,
Furtive me if this is in the wrong forum.
I am currently separated but we have not settled finances yet.
I wish to borrow some money from my parents to buy a block of land outright.
My question is can there be a legal agreement to exclude the new asset from property settlement when it occurs? More importantly, will it hold up? I don't want to be put in a position where the lawyers from the other side have access to the new block of land.
Thanks in advance.
Furtive me if this is in the wrong forum.
I am currently separated but we have not settled finances yet.
I wish to borrow some money from my parents to buy a block of land outright.
My question is can there be a legal agreement to exclude the new asset from property settlement when it occurs? More importantly, will it hold up? I don't want to be put in a position where the lawyers from the other side have access to the new block of land.
Thanks in advance.