Got no children, I run my own business she works in a nursery. Legally, what is she entitled to?
2006-07-09 08:38:18 · 18 answers · asked by andy m 1 in Family & Relationships ➔ Marriage & Divorce
I would guess half of any assetts.
2006-07-09 08:40:24 · answer #1 · answered by skippy's mum 4 · 0⤊ 0⤋
You need to take independent legal advice as every situation is different, be wary of people giving advice purely based on opinion or experience, even though they will all probably mean well by it, this sort of thing can be quite complex. I've been through something similar myself but I'm certainly no expert.
I would recommend that you speak to your mortgage lender, they can explain about your liability for debt. A solicitor or legal advisor should be able to tell you however who actually owns the house by doing a land registry search as this can be different from who owes the money secured against it. Some solicitors give a free initial consultation.
I found in my case there was a difference between what I thought I was entitled to from a moral point of view and what I was entitled to legally. Don't try and guess and make assumptions as it can come as a nasty surprise when the other party is more clued up than you and you find out that your assumptions were wrong!
Good luck!
2006-07-09 09:28:49 · answer #2 · answered by 99 Pairs of Shoes 1 · 0⤊ 0⤋
Hard to say without asking an attorney. If you went into the mortgage 50/50 then that is how it should be split as well. So that would be 50% of the equity in the house at the time of the split. If she isn't part of your business then I don't think she should be entitled to anything there.
Without being married she isn't entitled to anything that she didn't bring into the house. You get what you brought in, she gets what she brought in and you split what you bought when you were together.
I really suggest you contact an attorney if you think there will be problems.
Good luck
2006-07-09 08:51:18 · answer #3 · answered by J 3 · 0⤊ 0⤋
She's entitled to half the house,
and half whatever else you may have purchased together jointly. Anything either of you owned individually prior to co-habitating, belong to each of you respectively.
If the business is in your name only, then it's your business. However, if she helped you with that business in any proven tangible way (for example helping to build the business up), she may have some financial claim against it, but the business belongs to you...not her.
2006-07-09 08:48:41 · answer #4 · answered by DG 5 · 0⤊ 0⤋
In UK - if you are joint tenants (look at the deed) and haven't severed it in any way then the house is half hers. Nothing else you own is unless you have bought it together, then you will have to thrash it out for yourself.
She is not automatically entitled to half of anything else (no such thing as common law marriage although it's a popular myth). You might want to check that you haven't named her as beneficiary of your pension, insurance etc - if so, change it.
2006-07-09 08:46:40 · answer #5 · answered by charleymac 4 · 0⤊ 0⤋
Half of the proceeds from the SALE of the house. It'll be easier financially and emotionally to just sell the property and split the returns.
2006-07-09 08:40:28 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Its gonna depend on who pays for what she might not get half of anything u really need to spk 2 a solicitor. Might b better off makin her an offer quicked less hastle no court costs, solicitors fees can be £1000.00 plus if its bitter it will cost u a fortune.
2006-07-16 07:21:25 · answer #7 · answered by cas 3 · 0⤊ 0⤋
Whatever she can get her hands on, buddy, unless you were smart enough to set up the business in some way that it is an entity unto itself, and her name isn't on it. In that case, you can pretty much make your income appear to be as much or as little as you want it to, and any alimony or somesuch would be based on your personal income.
The house, just like anything else, is a "division of property" question.
2006-07-09 08:42:18 · answer #8 · answered by You'll Never Outfox the Fox 5 · 0⤊ 0⤋
not sure but i think she will be entitled to at least 50% of the house and it's contents at least with it being a joint mortgage.
2006-07-09 08:44:23 · answer #9 · answered by Anonymous · 0⤊ 0⤋
well if its a joint morgage then you need to sort whos stuff is whos...sell the house and divide the money or if one of you decides to stay in this house then buy the other person out...Hope that helps you....Good luck!
2006-07-09 08:46:01 · answer #10 · answered by sarah y 3 · 0⤊ 0⤋
one half my friend of the home any way that's what a joint anything is so either buy her out or she buys you out or sell and split you choose
2006-07-09 08:43:58 · answer #11 · answered by thumper3755 2 · 0⤊ 0⤋