Kevin |
12-24-2009 11:04 AM |
Quote:
Originally Posted by DrPhil
(Post 1877933)
They had a long union.
No legal marriage, but two kids and over 20 years.
Me thinks it worked out how most people who don't intend to have a legal marriage plan it, you stay together until being together no longer makes sense. Then you split (amicably?) and continue to take care of whatever responsibilities you created during the union. Very calculated and meticulous.
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Not so clean as you think if one of them wants to be litigious. In some states, you may have common law marriage issues (which especially arise in minority communities). In probably all states, you're going to have a possible dissolution of partnership case where anything which might have acquired a joint character would be subject to division by a court.
Yeah, you do avoid alimony, and possibly separation of 401Ks and pensions, but most everything else is still on the table.
For the gay community, this is very important information to know and understand also. Bottom line is that it's not so clean, calculated and meticulous unless the partnership is also governed by a partnership agreement which would function a lot like a prenup.
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