News2 mins ago
Breakdown Of Relationship
5 Answers
My daughter and her former partner of 20 years have recently split up due to him forming a relationship with another man, they both still live in their house, as neither wants to leave the property. He is still with other man. Her ex-partner supports her as she cannot claim unemployment as he earns too much. The house is paid for and in both names, he also has a good pension fund and savings. Anyone know what she could be entitled to if this is put on a legal basis. He is reluctant to do this, doesn't want to pay out, very money orientated.
Answers
If the joint funds are split this would include the value of the house, all the usual cash and belongings but, most importantly, his pension fund (whether he is in receipt of a pension or not).
15:12 Sat 26th Jul 2014
If the house is in both names as a joint tenancy (it can be different if it is tenants in common) then in principle she is entitled to 50% of the equity.
I think the rest of NJ's answer probably assumes they are married. As they are not, I'm not at all sure that she would have an entitlement to any of his pension fund, & possibly not his other assets. She needs a family law solicitor to advise her about the terms of a formal legal separation.
I think the rest of NJ's answer probably assumes they are married. As they are not, I'm not at all sure that she would have an entitlement to any of his pension fund, & possibly not his other assets. She needs a family law solicitor to advise her about the terms of a formal legal separation.