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#1 |
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Member
Join Date: Sep 2007
Location: Poonjeri, Nr Mamallapuram, Tamil Nadu
Posts: 29
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Indian marriage - english property...
Not a very optimistic question but I need to answer my family's questions while trying to get proper legal advice.
I am British and am due to marry my Indian partner in Sept/Oct. I own a flat in London, which has over the years gone up in value. It is my only significant asset. Everything is in my name and will remain so after I marry. Does anyone know what the laws are after I get married in India under the Special Marriage Act regarding my property in UK? My family are convinced my fiancee is only after a visa and will marry me, get said visa, divorce me and I will have to pay him half of the equity I have in my property. This may seem a bit extreme and I will be getting proper legal advice - as much as I don't like the negative connotations of it, i do see the point of protecting my only asset but as security over the long term as opposed to their doom scenario. I would want to do so irrespective of who I married! Any advice that'll will clarify things until then greatly appreciated. |
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#2 |
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Loud-mouthed, Noisy Bird
Join Date: Oct 2004
Location: Chennai, India
Posts: 26,774
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It is very sensible thinking, for both partners, to know their future rights.
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. Just one member of the IndiaMike Mod Team
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#3 |
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Maha Guru Member
Join Date: Sep 2001
Location: Land that shakes and bakes.
Posts: 3,911
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Not as easy an answer as for California where the results can be summarized as she gets the flat and you get the shaft. Perhaps a quick prenuptial consultation with a solicitor (Nick you can check my term, I only know Rumphole of the Bailey).
Read down below the 2nd paragraph to get some encourging news. Beside British property values are in decline so less of an estate will be created during marriage..http://http://www.johnmayoue.com/fam...ritish-pre.asp. |
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#4 |
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Loud-mouthed, Noisy Bird
Join Date: Oct 2004
Location: Chennai, India
Posts: 26,774
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I think she is the she!. And I think that's Rumpole, without an 'H'
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#5 | |
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(in charge of navel affairs)
Join Date: Sep 2005
Location: India
Posts: 10,101
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Quote:
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#6 |
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Member
Join Date: Sep 2007
Location: Poonjeri, Nr Mamallapuram, Tamil Nadu
Posts: 29
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I am indeed the she!
Yeah - we will be having a chat with a friendly lawyer in India (mm, does such a thing exist?) and I will be taking advice in UK. Just thought there may be someone out there somewhere who might know the basics of it all. And thanks for the link - I for one assumed that pre-nups in UK were legally binding. Apparently not. Though according to the news, it may be changing sometime soon.... |
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#7 | |
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The cat's mother
Join Date: Mar 2006
Location: UK
Posts: 1,706
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Quote:
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Indiamike mod squad's odd bod. I've lost my equilibrium and my car keys and my pride ~ Tom Waits [Indian Mona Lisa by Dinesh; can't find original uploader to credit in full.] |
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#8 | ||
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Neophyte
Join Date: May 2008
Location: Worcestershire, England / Delhi
Posts: 1,284
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Quote:
I am not a lawyer, but unfortunately have had occasion to seek advice about this. Quote:
Also, assets "created prior to marriage" are just as much up for grabs as assets "created during marriage" I strongly suggest that as there are no prenuptual agreements here, you seek legal advice before marrying. |
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