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future needs and cohabiting

  • jan12
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16 Sep 12 #356194 by jan12
Topic started by jan12
Hi

one of stbx questions after form E is do I concede that my future needs are less because my new partner will be contributing to household bills. How much does the court take future needs into account when dividing assets? does the length of marriage have any impact on the outcome?
I was married for 24 years, separated for 10 and have lived with new partner for 8 years.
There is 100k plus equity in the marital home and pensions involved.

Thanks
J

  • SilverFir
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16 Sep 12 #356202 by SilverFir
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I don''t know the official answer because I haven''t reached that point yet, but it wouldn''t surprise me if my STBX had the same idea about ''halving'' my future needs because I now live with someone.

I''m prepared to argue that actually my needs would be more if I didn''t have a new partner. I would still have to pay for a 2bed house, car etc - but I would also have to pay for childcare for my son, whereas my partner currently provides that childcare at no cost!

  • WYSPECIAL
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16 Sep 12 #356207 by WYSPECIAL
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jan12 wrote:

Hi

one of stbx questions after form E is do I concede that my future needs are less because my new partner will be contributing to household bills. How much does the court take future needs into account when dividing assets? does the length of marriage have any impact on the outcome?
I was married for 24 years, separated for 10 and have lived with new partner for 8 years.
There is 100k plus equity in the marital home and pensions involved.

Thanks
J


Don''t know what you have put as your future needs on form E but I would answer "No" if asked to elaborate I would say that after 8 years of living together my future needs were exactly where they are now.

A 34 year marriage is a long one so starting point for split would be 50/50 but then it depends on needs.

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