Is his money mine and my money his by law?

[schroeder]

We've been married for years, we own a house jointly and both contribute to the family finances, all is well.

We have separate bank accounts and have always kept our own finances separate too, both of us prefer it that way.

My question is; what is the legal position? Is my money still my money?

nope, its classed as a "matrimonial asset" and will be added to the "pot" if you separate,

eg, you have equity in your home of say £20,000
he has savings of £5000
you have savings of £10000

then the pot would be £35,000 and you would each get a percentage of that figure.

you can agree between you to keep your own savings BUT if one benefits a lot more from the split than the other then the judge may not agree as it has to be a "fair" split

In marriage most things are considered marital property (joint) including bank accounts, but if you agree they are separate then you keep what is yours. This includes accounts in separate names. If there was disagreement then a court would decide who keeps what. If for instance you had 10K and DH 1K then the court may take some of your money. Its not really a black and white issue and lots of variables. If you were not married it would be simpler.

The value of all the assets (including pensions) held solely and jointly, minus any liabilities, forms the net value of the matrimonial "pot."

Methinks the OP may not be contemplating divorce or separation. Married couples are financially separate entities, and that applies to assets and debts.

That's what I thought too but the last part of my post disappeared.

Yes collaborate that's what I mean't I am happy with DH and have no intention of splitting.
I have just seen people on here talking as if monies were shared legally when you married I didn't think that was the case, but despite being a pretty good googler,I thought, I could not find a definitive answer.

In fact it's a good job I have my own computer because a trawl through my search history would give him quite.

I would feel a bit uncomfortable if it was the case.