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Hi All,
going through a very horrible break up and looking for some advice on the best way to split the assets so it’s fair on both sides.
We have never been married, house is in my name, all bills (literally everything) has always been paid by me, ex has never contributed anything to the house or the renovation of the house.
we have 1 child together, and she has 1 from her previous marriage that she gets maintenance for.
relationship ended 8 month ago, we are still living in the same house while it gets sold, which is now going through an a few weeks
Now it gets to the split of assets, who is entitled to what?, is it 50/50 if not married and she’s never paid anything ?… or do I recoup all the money I have spent on the renovation and then split the profit made on it?
Child maintenance doesn’t come into it, I will always pay that and probably more, without question. My only concern is the split of assets and what is fair to both sides.
any help/advice greatly received.
Thanks all!
hi,
from law site- legal point: When an unmarried relationship ends, the Court can only exercise a declaratory function. This means it divides assets on the basis of who already owns what, and not who should own what, no matter how long established the relationship.
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if you want to be fair, its pretty much up to both of you. Good info:
Thanks, very much appreciated.