Ask an UK Law Question, Get an Answer ASAP!
Thanks for your question.
It depends on how long you are married for but once you have been married for a considerable time there is a presumption that each party is entitled to 50% of the matrimonial assets - this includes all of each others assets/liabilities (and would include your house. THis can be rebutted if one party is to have residence of the children of the marriage, or one requires more income for health reasons or if there is a big disparity in earning capacity.
If the marriage is short with no pre-marriage relationship period and there are no children then there is a general rule that the parties can leave the marriage with what they came in with unless one party made sacrifices upon marrying.
The length of your prior relationship/cohabitation with your spouse may also be counted as part of the length of the marriage.
You can execute pre-nuptual agreement and the courts have attached more weight to them in considering a fair financial settlement but ultimately the only sure fire way of protecting your own assets is not to get married.
If this is useful please kindly click accept so that I may be rewarded for my time. It will be gratefully received and you will be free to ask follow up questions.
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).