Ownership percentage after marriage

Scythi

AnotherJoe said:

Scythi said:

Petriix said:

Why are you getting married? Genuine question!

I don’t really know how to answer this other than we want to?

why?

.... because when you do, the assumption should be (??)/certainly used to be, everything is 50/50 from that point on (because otherwise why bother), and if you dont want that during your marriage, then that logically leads to the question  "why are you getting married if you dont want to share things equally".

I never once said that I didn't want things to be split 50/50.
I was merely asking if that was the case.

getmore4less

There are plenty of valid/reasonable reasons why people may not want to share everything when getting married. 

AnotherJoe

Scythi said:

AnotherJoe said:

Scythi said:

Petriix said:

Why are you getting married? Genuine question!

I don’t really know how to answer this other than we want to?

why?

.... because when you do, the assumption should be (??)/certainly used to be, everything is 50/50 from that point on (because otherwise why bother), and if you dont want that during your marriage, then that logically leads to the question  "why are you getting married if you dont want to share things equally".

I never once said that I didn't want things to be split 50/50.
I was merely asking if that was the case.

Its the default after a "few" years. Where few is vague but > 2.

theartfullodger

Scythi said:

Ownership percentage after marriage

The question you really need to plan for is what ownership percentage after the divorce courts have had their say.  Good luck with that.....

Artful: Now on his 3rd successful marriage...

Mojisola

getmore4less said:

There are plenty of valid/reasonable reasons why people may not want to share everything when getting married. 

If that's the case, it would be best not to get married.

Petriix

Scythi said:

Petriix said:

Why are you getting married? Genuine question!

I don’t really know how to answer this other than we want to?

why?

Sorry if I misunderstood. Ultimately it's your choice when you buy the house whether you specify a percentage of ownership or just accept that you own the house equally. The former option is more complicated and more expensive but not uncommon; you'll also have to write wills if you want your shares to remain separate after one of you dies. The latter is simpler and (in my mind) more trusting option.

There is no obligation to do things in one way or the other, regardless of your marital situation and, if you're married then you avoid the pitfalls of dying intestate and your share going to a bunch of random relatives. I just wondered what your motivation for marriage was if you were not wanting to share things equally.

Scythi

Petriix said:

Scythi said:

Petriix said:

Why are you getting married? Genuine question!

I don’t really know how to answer this other than we want to?

why?

Sorry if I misunderstood. Ultimately it's your choice when you buy the house whether you specify a percentage of ownership or just accept that you own the house equally. The former option is more complicated and more expensive but not uncommon; you'll also have to write wills if you want your shares to remain separate after one of you dies. The latter is simpler and (in my mind) more trusting option.

There is no obligation to do things in one way or the other, regardless of your marital situation and, if you're married then you avoid the pitfalls of dying intestate and your share going to a bunch of random relatives. I just wondered what your motivation for marriage was if you were not wanting to share things equally.

Its highly likely I would give up the additional 30% to a 50/50 split. I just wondered is all, no other reason.
Im not familiar with anything ie. courts, wills, divorce, or even how possessions/assets are split once you get married