
The wedding season is nearly upon us but these days many more couples decide to cohabit rather than tying the knot. However, it is important to know that being unmarried can create a financial disadvantage should the relationship fail in the future.
In the eyes of the law, there is no such thing as a common-law husband or wife. If you are not married you cannot necessarily claim a share of your partner’s income, capital or pension upon separation, no matter how long you have been together or how many children you may have between you.
If your partner passes away whilst paying into a work place pension, unlike a married person, you would not be entitled to receive anything unless you have previously been nominated to receive a Death in Service benefit.
You will not enquire an interest in your partner’s house unless you and your partner have specifically entered into…