What happens if I split up with my partner?
What happens if I split up with my partner?
Many people in this situation mistakenly believe that if they split up or their partner dies the law will recognise their relationship and give them similar rights to a married couple or those in a civil partnership. As Mark Buttery, family law solicitor with Ansons in Staffordshire explains, unfortunately this is not the case.
How are assets split if you are not married to your partner?
Jointly owned assets will usually be split between you 50/50 or in accordance with any agreement you have made. Money or property in your partner’s sole name will be presumed to belong to them alone, unless you can prove otherwise.
What happens if I am not married to my partner?
The only way provision might be possible is if you can show that you were financially dependent on your partner at the time of their death and the court agrees that, in those circumstances, some sort of provision may be made for you.
What happens if you and your partner buy a house together?
If you and your partner bought your house or flat together it is likely that you will both be entitled to share in any money made from its sale.
Many people in this situation mistakenly believe that if they split up or their partner dies the law will recognise their relationship and give them similar rights to a married couple or those in a civil partnership. As Simon Leach, family law solicitor with Family Law Group in Nottingham explains, unfortunately this is not the case.
How does a couple split up their property?
When those more traditional duos, aka married couples, divorce and divvy up property, the process is fairly simple (at least in legal terms), since there are laws in place to protect all parties and clear-cut rules on what’s kosher‚ or not. But when you’re cohabiting without tying the knot, it’s a very different animal.
Whether there is a mortgage or any other debt secured against the property. If you and your partner bought your house or flat together it is likely that you will both be entitled to share in any money made from its sale.