Q: I am buying a house with my boyfriend ! I need to set up a document that says that if I die my 50% goes to my children
A: This can be done rather simply with the proper wording in the deed you receive from the seller. An attorney representing YOU should be used to get it right. You may also want to take it one step further and prepare and execute a Last Will and Testament and/or a trust to hold your interest in the property, especially if your children are young.
A: You should also do a partnership like agreement with your boyfriend. This can reference the agreement to make a will that he should also implement to protect your interest in the property for your children and specify your interest in the property should things not work out and one or both of you want to leave so that how your interests in the property will be divided in the event one of you retains the property or the property is to be sold.
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