john d hamilton wrote:
Our son is soon to get a mortgage to buy his own flat and also expects to
get married in a year or so. We have seen others having the unfortunate
experience of loosing most of their savings after a divorce. Since the
divorce rate is so high these days, we thought if I or my wife were put down
as 'owners in common' on our son's property deeds, then a future spouse
could 'not' walk off undeservedly with half of our son's property value.
Which would include his life's savings invested in the flat.

I am 65 next year and my wife is now 60, So I hope to make a claim for the
State Pension for both of us quite soon, which will be our sole source of
income.

But if we (my wife and I) are put down as *part owners* of our son's flat on
the title deeds, will that then be considered that we ourselves actually
'own' half the substantial savings our son will invest in the new flat?
Because if this is the case, might it not considerably reduce, or eliminate
any State Pension that might otherwise be due to us?


SP is not means tested so savings and income are irrelavant, do you mean
Pension Credit?

Mike