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my husband and I are separating - I have MS and have asked him to give me liferent for our home which we have no mortgage and own together. He has two kids from a previous marriage and I have willed my share of the house to my niece. Is it wise to take out life rent or would it be more beneficial just to buy his share from him- although I didn't want to take out a Mortgage in case my MS got worse and I had to stop working I live in Scotland.
What actually is involved with liferent
I am trying to get him to sell me his share but he wants £20,000 more than his share is worth that;s the reason I went for liferent