Live-in Lovers Could Net Share of Couple's Wealth ; Legal & Finance

Birmingham Post › March 09, 2007

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Summary

Wealthy individuals who choose live-in lover arrangements rather than marriage - in the hope of ring fencing their fortunes from potential gold-diggers - may have to find other ways to protect their assets, private capital lawyers have warned.

As things stand, the richest and most powerful partner knows that the best way of keeping his or her property distinct is by living with someone outside marriage.

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Extract

Live-in Lovers Could Net Share of Couple's Wealth ; Legal & Finance

Under these circumstances they can walk away from a broken relationship -assuming it is childless -taking with them the assets they brought to it, and only sharing property acquired in their joint names during their time together, according to...

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