桃花谈

[Coolkidsrock2]

vinegar:

Dear dolphinsiah,

:hugs: :snuggles: after reading ur post,i am in lost of words.

But pls,be brave n strong. U still hv lovely two children. They'll be ur pillar of supports.

Is it possible if u could sell ur condo n stay in hdb? At least u can save on maintenance,etc.

This depends on how the will was made out and may need to go through a court process. Even if the judgement is favourable, the proceeds from the sale may go back to the estate and any drawdowns may be subjected to the approval/agreement of the executors.

Please be very careful.

[dolphinsiah]

:thankyou: Coolkidsrock2 & ruohoo97


My Late Spouse Lousy Will...did not include the house....

The House Title Deed stated which owner passed away first , the other surviving owner will fully own the house....

So for now , I will try my best to keep the house for my children....

Cause I will not have any cash to leave for them when I am gone....

I am the typical Singaporean...Asset Rich ,Cash Poor.... :skeptical:

So Important sharing...those reading .....Please check the House Title Deed....

[hquek]

I'm very sorry for butting in although Dolphinsiah already say this is not under consideration. but thought to clear the air.


Actually when buying a property, there are 2 types. One is Joint tenancy and another is tenancy-in-common. The first means that should 1 person die, his share in that property will go to the other joint-tenant - nothing to will away. The 2nd is where there is a fixed percentage owned by each party - should 1 of the parties die, he can will to another person.

SO, if dolphinsiah's property was under joint tenancy, my limited understanding is that ownership should transfer to her totally. As she is the sole owner, should anything happen to her, she can of course will it away. (reference: http://legal-dictionary.thefreedictionary.com/Joint+Tenancy)

But to others who may be in the same boat, yes, as coolkidrocks say, think carefully and understand thoroughly.

[hquek]

hi dophinsiah,


Just want to add that I think you are a very strong lady. It’s definitely not easy having to survive on little and trying to keep it all together. This remind me of my mum’s friend’s predicament (a bit different though).

She married to a businessman and enjoyed a life of taitai hood. Somehow her hubby didn’t trust his own wife and actually put HIS brother’s name as co-owner of a property. Years down the road, this man started keeping mistresses and his biz went downhill. When he was in need of money, they sold that property, the brother took the money that was his by legal right though (I feel) it’s morally wrong.

I’m not advocating that pp don’t trust their own family, but when it comes to money. somehow like the colour of money, pp also have very different colours.

[MintyMin]

dolphinsiah:

MintyMin:

So i guess.. sometimes it is better to be ignorant then to know the truth...

The Weak Choose to Revenge
The Strong Choose to Forgive
The Intelligent Choose to Ignore....

Just my thoughts....

I agree w ur tots..

[MintyMin]

Funz:

MintyMin:

\"无怨无悔\" this caught my eye..


If we did something to revenge for the hurt that our spouse did to us and now we regret about it how?

Since it that was years ago.. now whole family living cordially together.. kids n both husband n wife are living happily.. should the past still be brought up?

My take, if it is something that is in the past and not likely to cause any issues to the harmony now, move on. Especially when the spouse is blissfully unaware.

It will be selfish to bring it up now as the only purpose it will serve is largely to assuage your own guilt.

To deal with your own regret and guilt, be doubly nice to the person who was targetted to make up for the intended hurt.

Understand the point..

[dolphinsiah]

:thankyou: hquek...


For your kind and clear explaination....

So when I passed away, the 2 girls will inherit this house....

But as a KS parent....I will not have their names included in the house as owners even when they reach 21.....

I must have something to grab for my Golden Years....

Either they buy my share...half of the Condo price....
So I can buy a smaller house to live on my own....during my Golden Years...

This is my Plan ..... :xedfingers:

[hquek]

Hi dolphinsiah, on your rights to the property, you can will it to them, or to other people/charity - it is up to you to dispose. yup. I think we have to plan for our golden years - these days it seems hard to rely on our kids, better to rely on ourselves.

[wiimum]

dolphinsiah:

:

But as a KS parent....I will not have their names included in the house as owners even when they reach 21.....
Either they buy my share...half of the Condo price....
So I can buy a smaller house to live on my own....during my Golden Years...
This is my Plan ..... :xedfingers:

Not advisable too to include their names, they would be considered private property owner and barred from applying for their first HDB( 别害了他们).
In your golden years, rent out your condo and rent a small flat and live comfortably??

[dolphinsiah]

hquek:

Hi dolphinsiah, on your rights to the property, you can will it to them, or to other people/charity - it is up to you to dispose. yup. I think we have to plan for our golden years - these days it seems hard to rely on our kids, better to rely on ourselves.

hquek,

You and I , I assumed we belong to the Sandwich Generations....

Our parents expect us , to look after them during their Golden Years...

But we are educated to be independent during our Golden Years...

We know that our next generations will face a lot of challenges and we of course would not like to add burden to them .....

So if our Children is able to look after us during our Golden Years....it is our 福气。 :please: