"Living Apart Together" marrying and Private Pensions

NineTenJack

We are in a "Living Apart Together" relationship, staying with each other for three days a week, but the rest of the time are back at our own places. We love it that way and our relationship thrives because of it (and for various reasons it is not practicle to share accomodation full-time even if we wanted to). We have both been maried before and see no need to do so from a relationship point of view - nothing would change. We also both have Private Pensions. Now if one of us dies their Private Pension dies with them. So we are looking at marrying so that the benefit of the private pension can pass over to whichever one of us survives the other. The question is would this work with us being married but registered at different addresses?

dunstonh

Now if one of us dies their Private Pension dies with them

Private pension is not a term to describe a type of pension. It is a collective to describe pensions that are not state pension and some people also use the phrase by to not include workplace pensions.

So, what type of pensions are these as personal pensions do not die with you.

The question is would this work with us being married but registered at different addresses?

How you spend your married life is you own business.

Flugelhorn

so long as you have a marriage cert you are considered married, no-one will worry about the different address

NineTenJack

These are both Pensions from Companies we have worked for - but to clarify we are both retired and drawing our individual pensions.

westv

NineTenJack wrote: »

These are both Pensions from Companies we have worked for - but to clarify we are both retired and drawing our individual pensions.

It might be too late to do what you want to do then.

xylophone

You should both check the rules of your schemes regarding "post retirement marriage".

squirrelpie

Also check the schemes' rules about nominating beneficiaries. It might be possible to nominate each other without getting married. Equally it might not. It all depends on the scheme rules.

Brynsam

NineTenJack wrote: »

So we are looking at marrying so that the benefit of the private pension can pass over to whichever one of us survives the other.

Lovely to know that romance isn't dead....think of the inheritance tax saving too when one of you dies....

kangoora

Brynsam wrote: »

Lovely to know that romance isn't dead....think of the inheritance tax saving too when one of you dies....

Interestingly, the last recipient of an American Civil War (1861 - 1865) widows pension only died in 2003, almost 140 years after the Civil War ended. It was only $35/month though

She married him in 1927 when she was 18 and he was 81 - it must have been love............

https://en.wikipedia.org/wiki/Gertrude_Janeway