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If you are married then I would strongly recommend registering with both names. It doesn’t matter whose income, who’s contributions. After marriage it’s a joint asset. If you are not comfortable and have doubts then I would strongly suggest you see a therapist and resolve marital issues.
Case in point -
1. Friend bought an apartment in India. All paperwork and POA handled by his dad. He passed away unexpectedly. Parents are unwilling to transfer the asset to his widow saying it was his gift to them
2. Sis is in the middle of a divorce. Both in the US. They have an apartment in India and BIL is claiming it’s his so not including it in assets.
Indian male here. And it appalls me how many Indian women do not involve themselves in financial decisions and let their spouse do the paperwork and handle all finances. Happened to my mom, sis, mom-in-law, friends (case above), niece and I can go on and on.
And most Indian men have zero sense of responsibility or inclusion and think they are immortal. Do not include their wives on financial decisions, keep their paperwork in order or have life insurance.
Sorry. End of Rant and I will get off my soapbox here.
Conversation Starter
A good idea here is to have a will prepared & signed all the time. Whenever you acquire a new property, you can amend it. It solves all problems and it doesn’t cost that much. Tragedy can struck anytime. Always be prepared.
Chief
What do you mean register? Whoever pays for it has their name on it. We keep our investments separate in our household
Unless you have a prenup any property you buy in a marriage is 50-50 irrespective of who is on the title.
its the wish of the buyer exclusively....whoever pays for it..can register it in anyone's name ..self, spouse ,parents , some stranger or someone on jupiter..... if it is a joint one then a pretty normal discussion on dinner table is enuf ...
https://fb.watch/45C4z7vFJq/