What is the name of your state? New York
Last fall, after 5 years together, my boyfriend and I purchased a home. We are both in our late 40s and professionals. We both reside in the home along with each of our four teenage children (two apiece) from previous marriages. I pay 85% of mortgage each month plus heat and electric, he pays 15% of the mortgage, taxes and homeowners insurance. Recently, we were discussing the fire of a nearby residence that was reported in the paper. I suddenly thought to myself - who would collect if the house I share with my boyfriend burned down?
Please advise.
Last fall, after 5 years together, my boyfriend and I purchased a home. We are both in our late 40s and professionals. We both reside in the home along with each of our four teenage children (two apiece) from previous marriages. I pay 85% of mortgage each month plus heat and electric, he pays 15% of the mortgage, taxes and homeowners insurance. Recently, we were discussing the fire of a nearby residence that was reported in the paper. I suddenly thought to myself - who would collect if the house I share with my boyfriend burned down?
Please advise.
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