Protecting wealth before marriage ?
Discussion
SDarks said:
Can someone explain the benefits of marriage for the bloke?... I just don't get it personaly 
Simplifies some issues around inheritance and property if one of you dies, and offers some other minor tax advantages.http://www.telegraph.co.uk/finance/personalfinance...
I suspect that you are also assuming that the bloke is the wealthier of the two.
SDarks said:
Can someone explain the benefits of marriage for the bloke?... I just don't get it personaly
It appeals to old romantics because it gives a feeling of permanence to the relationship especially if kids are on the cards, publicly declaring it in front of friends and family, blokes tend to feel it means they've locked a girl down all to themselves and we can relax a little and enjoy life, since childhood society has been beating blokes over the head with it being "the right thing to do", it keeps the missus happy...None of those things mean anything if/when it all goes down the pan of course. Just now you've got a piece of paper entitling your ex to some of your stuff.
so glad my OH is happy to write up that what we both come into the relationship with is what we take out it was her idea!!
Had some issues once...
Her entitled friends/evil witches thought that because she was lucky enough to have found someone who has London property (before I met her) then they think it's no longer technically rent she pays and it should be all equity for her share (I can afford it), they think as I own the property I should have to pay off the interest every month and her 500 GBP is instantly claimable if we split.
I explained (documents the works) our place is a little more than 500 a month each and if she wanted part of the equity, she can start paying an equal amount based on salary earnings... Once she found out what I pay a month, she shut up and has never mentioned the subject again.
Worst thing was that her friends knew full well that my OH has only paid me rent for 2 years total in our whole relationship (been together 9+ years), so has lived with me rent free for minimum of 5 years and spent 2 years abroad when we together.
Had some issues once...
Her entitled friends/evil witches thought that because she was lucky enough to have found someone who has London property (before I met her) then they think it's no longer technically rent she pays and it should be all equity for her share (I can afford it), they think as I own the property I should have to pay off the interest every month and her 500 GBP is instantly claimable if we split.
I explained (documents the works) our place is a little more than 500 a month each and if she wanted part of the equity, she can start paying an equal amount based on salary earnings... Once she found out what I pay a month, she shut up and has never mentioned the subject again.
Worst thing was that her friends knew full well that my OH has only paid me rent for 2 years total in our whole relationship (been together 9+ years), so has lived with me rent free for minimum of 5 years and spent 2 years abroad when we together.
2Btoo said:
Zetec-S said:
P-Jay said:
Personally, if you're not ready to share everything, you're not ready to marry
To some people trusting = stupid though which is fair enough.
Halmyre said:
Not worth it for her either. Sounds like she could do so much better.
If she doesn't respect him or care for him enough to want to make sure he doesn't lose out if something goes wrong between them, then she doesn't really care about him...A good woman won't feel hurt or victimised by her fiancée wanting to protect himself; he won't even have to because she'll do it off her own back to prove she's not interested in his finances.
Edited by Venturist on Wednesday 26th April 15:32
Venturist said:
Halmyre said:
Not worth it for her either. Sounds like she could do so much better.
If she doesn't respect him or care for him enough to want to make sure he doesn't lose out if something goes wrong between them, then she doesn't really care about him...She realises that I have a lot (10+ times more) to lose by going into this and she wants to put my mind at rest.
p1stonhead said:
Yep. Id prefer to be totally open,share everything and lose half than be cynical enough to think it may not last.
To some people trusting = stupid though which is fair enough.
50/50 says you will lose £2m. That's a lot to spend on not being "cynical".To some people trusting = stupid though which is fair enough.
It's perfectly possible to have a long lasting, loving & committed relationship without marriage.
WestyCarl said:
Maybe it's just me, but I don't recall any financial "what if" discussions or pre-nup talks before I got married. It was all talk about how we are looking forward to it, shared house, living together, etc,etc.
You can do those things without marriage of course, and the majority of couples nowadays do, which means the only real element that will change as a result of marriage IS the financial.Gassing Station | The Lounge | Top of Page | What's New | My Stuff