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Getting married for tax purposes

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  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Wills for unmarried and married should be different.

    The introduction of transferable nil rate bands the rules around life interests and the more recent residential nil rate band will most likely have made a 20y old will inappropriate.
  • TonyMMM
    TonyMMM Posts: 3,426 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Can someone explain exactly what happens when you have a civil partnership ceremony?

    Is there a ceremony or do you just sign forms?

    You need to give notice (same as for marriage), but the ceremony can just be the signing of the form, which has to be in front of witnesses.

    The wording is:
    “I declare that I know of no legal reason why we may not register as each other’s civil partner. I understand that on signing this document we will be forming a civil partnership with each other.”

    It can be just be done as a written declaration, but you do have the option to say it if you wish ( and could add any other words or vows you want).
  • Thanks TonyMMM.
  • Longwalker
    Longwalker Posts: 909 Forumite
    500 Posts Second Anniversary Name Dropper
    If I had my time again, Id have buggered off to Gretna

    Like you, lived together for years it was the financial side that pushed us into tying the knot - long before civil partnerships were a thing, So we popped into the registrar, booked a date and thought that was that. Only we had need of two witnesses , his brother, my sister, and neither knew how to keep their mouths shut

    Ended up with Mother coming down and trying to take control. Still we managed to limit the damage by having a lunch time wedding and inviting the dozen or so who insisted on attending up to the house for lunch and drinks in the garden

    Whole day cost less then a grand in 97 so we didnt do too bad and tbh the dozen or so were our closest of friends, although as word got out we had to say to others come up for a drink, about 40 passed through the door throughout the day
  • Mojisola
    Mojisola Posts: 35,571 Forumite
    Part of the Furniture 10,000 Posts Name Dropper

    Its got to the financial time in life that being married makes sense due to inheritance tax reasons.
    It will be a quite and discrete as possible and cheap just for the legal bit, but how discrete can it be, don't want it broadcasted!
    If you do manage to keep it quiet, make sure that whoever will be dealing with your estate/s (in case you both die together, or the surviving partner has dementia or similar) will realise that you are married - such as keeping a copy of your marriage licence with your wills or writing a letter to your executors to be opened on your death.
  • Tigsteroonie
    Tigsteroonie Posts: 24,954 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If you don't live in a small town where people might be interested in such things, I would say you are worrying too much about the notice being made public. We had to declare ourselves free to marry where we lived - this turned out to be in the city centre, so two miles from where we actually lived, and not in an area of the city that you tend to visit unless you need to go to those offices; and we actually married in the register office of a different city borough, nobody knew us there, it was just a pretty building! 
    :heartpuls Mrs Marleyboy :heartpuls

    MSE: many of the benefits of a helpful family, without disadvantages like having to compete for the tv remote

    :) Proud Parents to an Aut-some son :)
  • Sncjw
    Sncjw Posts: 3,565 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    You don't need to take documents on the actual day of the ceremony only when you put notice in. The notice and the actual ceremony are two different things. We didn't get to see what wording until we booked the ceremony after we have notice. 

    There was options to pick from as part of the ceremony. Plus you will need witnesses to make it legal to.  It would be nice to have someone you know be a witness though. 
    Mortgage free wannabe 

    Actual mortgage stating amount £75,150

    Overpayment paused to pay off cc 

    Starting balance £66,565.45

    Current balance £58,108

    Cc around 8k. 

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