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Q. I've been through one divorce how can I keep my house separate this time? I've worked hard these last 20 years and finally got my own house and vehicle again. I've met a nice woman with 2 teenage sons who rents nearby. I want to maintain my assets for my children.
A. A Property Sharing Agreement - Section 21 in the Property (Relationships )Act allows you to 'contract out' of the 50/50 asset split and create your own fair Property Sharing Agreement. Create your Agreement sooner rather than later will ensure your hard earned property is preserved. Each partner must get independent legal advice.
Get your copy of the The NZ Guide to Prenups and Property Sharing Agreement, work through it together and create a fair and reasonable agreement to preserve your home for your retirement, your your family and plan a fair, financially and emotionally sustainable relationship.
THE NZ PRENUP GUIDE TO PROPERTY SHARING AGREEMENTS
WHO NEEDS A NEEDS A COPY?
- Single People with significant assets
- Second Marriages
- Internet, Long Distance Relationships
- Divorced People
- Couples with a financial imbalance
- Civil Unions
- Same Sex Marriages