So as to simplify the transaction, my partner and I decided that since he paid for the house and lot, the property will be titled under his name. I however shouldered all the taxes.
Mind you, I and my long-time companion are in a very caring relationship. Although we've always had our own place separate from our respective families, we both have always maintained a cordial and respectul relationship with each other's family.
But I now realize that this can suddenly change if something unfortunate happens to either of us like, God forbid, an untimely demise due to accident or sickness. Several of his brothers and sisters are not in good financial situations and it's very likely that as siblings, they will stake their claims on our property titled in favor of their brother, my partner.
I have voiced out this concern to my partner and he fully understands. He told me to go draft a living will that will state that in case of his demise, I as his longtime companion should be the sole guardian of the property, with exclusive use of the house and lot until my own demise. He said that he is agreeable to sign a document containing such condition.
Will this be legal? With such a will can I be assured that I will not be thrown into the streets homeless if his siblings decide to put a claim on our property?