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Division of monies paid guidance?

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Comments

  • Flugelhorn
    Flugelhorn Posts: 7,455 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    yes pensions complicated, if one partner has worked part time to bring up the children then they may have missed out on being able to contribute to pension - so will need some sort of sharing agreement.


  • TBagpuss
    TBagpuss Posts: 11,237 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    yes pensions complicated, if one partner has worked part time to bring up the children then they may have missed out on being able to contribute to pension - so will need some sort of sharing agreement.


    As theynevver married there is no legal claim on each other's pensions, and no mechanism to set up a share. Certainly from a moral / ethical persepctive it woud likely be fair to make an adjustment to account for differences in pensions but no legal right to it. 
    All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)
  • sheramber
    sheramber Posts: 23,214 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    After 20 years share 50/50.

    Otherwise you will end up scoring pints of each other with 'I paid for this. I paid for that'.

    I am surprised you can remember what you paid for and how much you paid over the last 20 years.

    What did you wife sacrifice to carry and look after your children?

    What effect did it have on her career prospects and her pension?

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