BEVUP Posted January 7, 2013 Posted January 7, 2013 Trying to avoid the extended Families grubby hands in maybe a future scenario Lets say you are paying a house of or bought it out right ? Son 4 ( Have time to look) To this point this is what i have read / learned & know ( to the best of my knowledge ) 1 - I know a child cannot own morgaged titles ( so lets push on ) 2 - So when paid out or up front in full it would be Transfered into sons name 3- I shall put a Usufrut on it ( Just for the sake of it ) 4 - From what i have also read there has to be ONLY ONE Guardian who can sign on behave of son since under 20 yr old 5 - Could that be MYSELF since i have lodged a Usufrut on it in my name ( I am his father ) 6 - Then we might enter worst case scenarios IE Death / Divorce 7 - (if it happens to me ) I know the Usufrut would become disolved or removed & if son still under 20 in Mother would become Guardian I BELIEVE THIS IS WHERE YOU WOULD NEED COURT PERMISSION FOR THE BENEFIT OF THE CHILD IF THERE WERE TO BE ANY DEALINGS IN THE MENTIONED PROPERTY 8 - ( if it happens to her ) I shall become guardian & if fully paid for, transfered to son 9 - OK There are so many scenarios one wanders why we go through so much But just thought of another one that if things really hit the fan & inlaws had to look after son i guess then the above N0 ; 7 comes into play SO out come of ths quest would be to ensure my son has a good inheretence from my contributions SIGNED/SEALED & DELIVERED without the grubby paws tearing it to peices as we know Usufruts only guarentee yu a seat in the house IE can still hock / sell whatever As we have read & heard before - some nasty / some fraud THER MUST BE SOME WAY TO MAKE THAT CONCRETE CASING YUV TRIED TO WRAP EVERYTHING UP WITH NON DESTRUCTIVE
NeverSure Posted January 7, 2013 Posted January 7, 2013 It's apparent that we farangs don't have many rights. It's becoming apparent that our minor children don't either, especially if the family is greedy. I do wish you good luck. Perhaps your story can be the one with the happy ending.
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