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Financial Issues This forum is for discussing any of the financial issues involved in your divorce.

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Old 01-18-2010, 07:34 PM
dinkyface dinkyface is offline
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Join Date: May 2009
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Default Buying a house together - common law

My STB common law partner and I are considering purchasing a house together, and I'm hoping to get advice on what mistakes to avoid in order to make sure that if we split, it is as easy/clear as possible that we each get out proportionately to what we put in (is that sensible or sad, I'm not sure!).

- Each of us currently own our own houses outright and have significant other assets; we would each likely sell our houses.
- We would likely purchase the new house outright
- The house would likely be a reno project i.e. lots of sweat equity from both of us
- My partner has young child with ex; ex has sole custody; all separation/cs/custody issues are settled
- I want to minimize visibility of my financials because partner's ex is extremely hostile, feels entitled, and likely to come sniffing for more $$
- We will not be marrying or having children together
- I have no children of my own
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Old 01-20-2010, 08:14 PM
l-y-n l-y-n is offline
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Default

Get a legal Cohabitation agreement! I am getting screwed big time because he had a secret gambling . He is entitled to spousal support because he didn't go to work all the time!
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