-
AllActivities Age Concern Anytime Fitness Gym Art Beauty Beer Of The Week Blog Business C2C Care Care Home Chalkwell Beach Charity Children Christmas Cinema City Status Cliffs Pavilion Cliffs Pavilion Cliffs Pavilion Review Cocktail Recipes College Community Competition Competitions Construction Coronation Coronavirus Covid 19 Dannielle Emery Design Easter Education Emma Smith Employment Emsella Chair Environment Essex Police Essex Police News Events Family Fun Fashion Festival Film Finance Fitness Food Food & Drink Football Fresh Face Pillow Company Gardening Hair & Beauty Halloween Harp Havens Hopsice Havens Hospice Havens Hospice Havens Hospice Press Release Havens Hospices Havens Hospices Havens Hospices News Health & Beauty Health & Fitness Historicaleigh History Holidays Housing Indian Indirock Indirock Jubilee Karen Harvey Conran Kids Kids Blogs Kids Competitions Kids Reviews Lady McAdden Legal Legal Eagle Leigh Folk Festival Leigh Library Leigh On Sea Leigh On Sea Finds Leigh Road Leigh Striders Leigh Town Council Leigh Town Council Press Release Leigh on Sea Leigh on Sea Sounds Leigh on sea Folk Festival Leigh on sea Town Council Leigh on sea news Lifestyle Little Red Panto LoS Shop London London Southend Airport London Southend Airport Los Shop Marathon Melinda Giles Mortgage Angel blog Mortgages Motherofalloutings Mughal Dynasty Mughal Dynasty blog Music My Mortgage Angel MyLoS NHS News News Newsletter Offers Other Outfit Of The Week Palace Theatre Parenting Parking Picture Of The Week Pier Politics Press Release Professional Property Property Of The Week RSPCA Ray Morgan Re:loved Recipes Recycling Restaurant Restaurant Review Restaurants Review Roads Rotary Club Royal Hotel Royal Hotel Southend Royal Visit Schools Seafront Shopping Show & Music Reviews Show Review Show Reviews Show Up Productions Shows & Music Shows & Music Review Shows & Music Reviews Southend Southend Airport Southend Airport Press Release Southend Airport Press Release Southend Borough Council Press Release Southend City Council Southend City Council Southend City Council Blog Southend City Council News Southend City Council Press Southend City Council Press Release Southend City Council Press Release Southend City Council blog Southend Council Press Release Southend Hospital Southend In Sight Southend In Sight Press Release Southend on Sea Southend on Sea City Council Press Release Southend on Sea City Council press release Southend on Sea city Council Press Release Southend on sea City Council Press Release Sport The Mortgage Mum Theatre Theatre Blog Theatre Review Theatre Review Theatre Reviews Transport Travel Village Green Volunteer Weddings What's On Whats On blog c2c news shopping
Love is in the Air – legal tips and traps for Love in February.
Valentines Day has taken over Leigh Broadway as our shops are filled with cards and flowers, and our restaurants promote romantic meals for two. Leigh on sea was chosen as the happiest place to live by Rightmove in November, so just how happy is the town going to be when there is love in the air too?
Legal advice is not really a romantic gesture, and can be a bit of a killer. So perhaps pick your moment before suggesting it…
There have been many songs written about Marriage – my favourites are “Love & Marriage” (….go together like a Horse & Carriage..), but there is also that other old one – “There may be trouble ahead…” . You would not buy a house without getting insured, in fact you would not go abroad without insurance, so given love’s track record I would advise that marriage should also come with some level of protection for if, sadly, there is trouble ahead. This is particularly so if you already have children from a previous relationship, or significantly different assets or finances that perhaps you would want to retain if the marriage broke down.
Pre-nuptial agreements are much more widely used now as many of us enter into marriage with baggage (and not necessarily Louis Vuitton, but it is your baggage). It may feel awkward to think about a legal agreement at such a time, but actually that is exactly what marriage is – it is a legal contract and with that comes obligations that are often only examined if and when the marriage breaks up. So actually a pre-nup is only an extension of that and if nothing else, both parties then understand the legal consequences for their property and finances if it happens. Hopefully like holiday insurance it will not be necessary.
A wedding usually involves a few months planning. Lots of time to trot along to visit a solicitor just to find out what is involved. Legal advice costs money of course, but it even if the least popular guest on your wedding invite list has to be removed from your list to protect your future, I would say that is just a win win situation.
Romance does not necessarily mean Marriage, and soon anyone will be able to chose a civil partnership instead. However, the same applies as civil partnership carries the same principles of sharing assets and therefore can also be pre-empted by an agreement.
And moving in together? This can be even more tricky as the legal position will vary from one situation to another. Even sharing a tenancy of a short-term let can lead to issues as the broken hearted can find them selves broken further if their once loved one has left them with all the bills. Take proper advice on entering into a tenancy.
But one of the biggest is buying a property together, or moving into a property that one of you own. This is a huge risk financially that can be so easily covered with advice at the outset whilst the pink champagne remains on ice, and you are both happy to discuss things that feel too remote to ever happen. What would happen to the generous deposit that the
Bank of Mum & Dad gave? Who is really responsible for the mortgage payments if the other disappears off the scene? And if you are the owner can the one that has moved in acquire part ownership by decorating the bathroom?
This editorial is by Melinda Giles at Giles Wilson Solicitors.
For legal advice please call 01702 477 106 or visit one of Giles Wilson's offices: 1711 London Road Leigh, 54 Leigh Broadway, 5 Roche Close Rochford
Website: www.gileswilson.co.uk
Twitter: https://twitter.com/GilesWilsonLLP
Facebook: https://www.facebook.com/GilesWilsonSolicitors/
ADD A COMMENT
Note: If comment section is not showing please log in to Facebook in another browser tab and refresh.