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Why single couples need to meet with a will and real estate lawyer
These days, many young couples choose to postpone commitments and weddings until they are older or postpone all of them, choosing instead to live together in a de facto relationship. Many couples tend to do this to avoid the high divorce rates that their parents' generation is plagued with, but unfortunately, when it comes to separating and dying in these situations, the law becomes very complicated.
While the most effective way to get the legal benefits of a marriage is to get married, this is not an option for some couples (especially in the case of same-sex couples). In these situations, it is better for the couple to meet with a change and inheritance lawyer who will help them structure their assets in a way that benefits both parties in a similar way as if they were truly married.
This lawyer will discuss with you some of the legal disadvantages of living in a de facto relationship, including:
• When a married couple is divorced, each party is entitled (usually) to 50% of all assets acquired during the marriage. However, when a de facto couple differs, the court grants 100% of the property to the party whose name appears in the title.
• If a de facto relationship is structured so that one party is the parent (often the husband) and the other a housewife (often the woman), the court often assigns all assets to the parent who financially supported the home.
• If one of the parties to a de facto relationship dies, everything that is not specifically described in your will to your next of kin is not left to your de facto partner. This often causes people to be thrown out of their homes by the family of their deceased partner.
However, by meeting with a will and inheritance lawyer, a couple who is in a de facto relationship can avoid many of the problems described above. In most situations, attorneys will write legally binding documents that describe the couple's housing form, that all assets acquired throughout the relationship are joint assets and that they have rights to the couple's property and medical care. couple in case of a serious illness or even death.
If you and your partner are currently living in a de facto relationship and do not have immediate plans for marriage, it is highly recommended that you meet with a marriage counselor to ensure that you both receive the legal benefits that (usually) only couples married have access. Having legal documentation can also prevent disputes in the event of death or separation, reducing stress for everyone involved. For more information visit this website
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