u/welpzan

▲ 2 r/asksg

Possible to have a say in investment property which I paid partially for but not in my name in my will?

My husband and I each own one property for own-stay (50/50), investment (80/20) - me 80%.

All deposits, mortgage, fees are all paid with the above percentage. Coincidentally, both properties are bought at the same price.

Saw the recent news about guy losing his 99-1 property despite paying more and got me thinking. If I pass on, will I still be entitled to the own-stay 50-50? And if I were to do up a will now, would I be able to have a say in that property?

I’m married with one kid if context matters. Also looking for advice on how couples with 2 properties deal with such matters.

Edit: I meant, to will the share away or to have a percentage of the proceeds once sold as it’s always in the plan to have it sold.

Edit2: Seems like I’ll not be able to get any share from the own-stay property. Is the only way to pay for ABSD and have my name in both so that I won’t lose the share?

Not comfortable with leaving assets to husband as we are both in early 30s. Would preferably want to leave to kids/siblings and husband likely may remarry too.

reddit.com
u/welpzan — 18 hours ago