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How best to protect girlfriends financial position?

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  • Sam_J
    Sam_J Posts: 24 Forumite
    If this worries you, can't you just move a load of assets into her name? Move cash to her accounts and make her owner of the house and/or buy to let but you continue to contribute to the mortgage.

    I'm in a similar position in the sense that I have two children and have been with my partner for seven years and we are unmarried. We have just split our assets evenly and keep our pensions equal. Although we do not have the inequality of one of us being a higher rate earner while the other is not. We will likely get married if one of us gives up work to raise the children.
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I'd say the best way to protect your girlfriend would be to marry her.

    This. Marry before second child.

    If you dont, make a will in her favour. Fill out expressions of wishes for any and all pensions. Pay into a pension for her, the faff is worth it if you love her.
  • Alexland
    Alexland Posts: 10,183 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Don't forget to invite the local football team to the wedding - those guys will make the party go with a massive bang!
  • aj9648
    aj9648 Posts: 1,386 Forumite
    Part of the Furniture 500 Posts
    2 rules I’ve learnt....

    Don’t get married
    Don’t have kids

    You have broken one, don’t break the other!!
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