Hi, thanks I am happy to wait.
Hi, I'm not sure what exact income either receives to be honest. My Mum receives a modest income through dividends from the portfolio of stocks and shares and he receives an income from his pension. I am almost certain the income my Mum receives is greater than his pension but I do not know the precise amounts.
She could be, a post nuptial agreement may be a possibility. In reality however, I don't think a divorce is on the cards; this question is more about estate planning/protection.
I would really like to understand for my own benefit what he can claim when he dies. Could he for instance claim in his will her estate she inherited and leave this to his children?
If her assets are in both their names and she dies first, would he take entire ownership of those assets? How would this be different if those same assets are only in her name? How can a will be made secure so that he is not able to claim these assets?
Please can you clarify: "Any assets that are held in joint names will pass to the survivor outside of the Will unless there is a clear intention that it should be otherwise"