If you are entering into a long-term relationship with your partner and combining money or even just living together, you need to protect your assets, savings and the money you are investing into the joint home.
If you purchase things for the home you share, it’s considered your joint property. If at the time of separating, it is not as simple as you bought this and I bought that, things need to be split 50/50.
The Pre-Nuptial Legal Agreement
It sounds simple, splitting things 50/50 but it’s far from easy. Usually, people think they are entitled to more than they are allocated and then become upset and start making demands.
Seek Legal Advice
The pre-nuptial agreement is easily drawn up and is a representation of what you have brought into the relationship. It could be furniture, a financial deposit etc but it is better to have it all written down so that you can make a clean exit if need be in the future.
You should engage with a family lawyer (see home page link) asap, ask for a consultation on the phone and determine if you feel you can work with them. You are looking for them to be informative, friendly and have many years of experience to fall back on. One of the most common complaints is that people feel they don’t get enough direction from their lawyers, but it will depend what you can pay them. If you are on legal aid, you will not get the preferential treatment that a top paying client will receive. Solicitors and Lawyers charge by the hour for their time. Make sure you don’t have any nasty surprises when it comes to getting the invoice and making the payment to them. Some lawyers will allow you to make payments monthly, but you need to ask the question.