Financial News      SFIA Ltd School Fees Advisers
Home
About Us
Financial News
Business & Economy
Independent Education
Investments
Legal
Property
Protection
Retirement
Tax
----------------------------
Archive
Our Details
Contact Form

Search


SFIA Group
School Fees Planning School Fees Planning
Independent School Search Independent School Search
Mortgage Services Mortgage Services
Tax Planning Tax Planning
Wills and Estate Planning Estate Planning and Legal
Client Services Client Services
Financial Information Service Financial Information Service


Live in Couples

Could be granted marriage rights


Unmarried couples who co-habit could be granted similar financial rights to their wedded counterparts in the event of separation, under proposals released.

The Law Commission has published a consultation document canvassing recommendations to give live-in couples the right to claim maintenance and a share of each other's wealth after a break-up.

The proposals, in the form of a 370-page paper published by the body which advises the Government on law reform, apply equally to gay and heterosexual couples.

This could lead to the proposal for divorce-style payments when cohabiting couples split up after a defined period of time, particularly when children are involved.

Church and women's groups are among those who will be asked for their input before a Bill is drafted to go before parliament next summer.

The proposals could level the playing field for Britain's two million co-habiting couples, easing the financial hardship suffered after separation or death.

Under present law, married couples and homosexual couples who have “married” under the Civil Partnership Act are granted protection which is not available to the unwed. Commonly held beliefs over the rights of so-called "common law" marriages are without legal basis.

The 2001 Census showed that the number of households which are home to married couples fell by 10 per cent in a decade, from 55 per cent of all homes to 45 per cent.

The report comes only days after the House of Lords held that divorced women were entitled to a larger share of their former husbands’ wealth.

If you require any further information about the services that we provide or would like to review your financial planning position, please contact us

Legal Articles