Friday, September 23, 2011

To marry or not to marry?

The Telegraph today reports that in the early 1960's fewer than one in 100 adults under the age of 50 were living together as unmarried couples whereas the figure has now risen to one in six. There may be a number of reasons for people not marrying. Perhaps people are worried about what will happen to their assets upon divorce, particularly if they have built up considerable wealth themselves during their lifetime.
 
A common misunderstanding is that those who choose to cohabit and do not marry have "common law" rights. This is simply wrong. In certain circumstances cohabitation may leave one of the couple vulnerable if the relationship breaks downparticularly if the property in which they lived was owned by their partner and they have made no financial contribution to it. It is however very fact dependant.  
 
For more advice on divorce and cohabitation issues follow our family law blog or follow us on Twitter@Divorce_experts .