Benefits of marriage

[crispynight]

Benefits (financial or otherwise) of marriage? What are they?

Depends which country you are in. Do you not have access to Google?

Commitment

What kind tho? My Mom and her partner were together longer than my Dad, who she married. He was also a much better partner to her. H was fully commited. The ex husband, less so

There are practical benefits-but they can and should largely be covered by a trip to a solicitor. Other than that it's simply personal preference. It's not for me. Other opinions are available.

None for women and all the benefits for men

Marriage is having/giving commitment from/to someone you love.

If you're looking at it, first and foremost, in terms of commercialised arrangement, its almost certainly better not to get married.

Not sure and ive been with DH 20+ years, married 10 of those. Just about to apply for divorce. Tbh, looking back there was no benefit but now only hassle for me to basically ask permission from a judge to get divorced. Pointless really. Glad i never spend £££ on a massive wedding

In a divorce after a long marriage (10+ years), all assets are divided with a starting point of 50/50 according to need, regardless of whose name they’re in. Pensions are taken into consideration in order to attempt to achieve equality in retirement.

Cohabiting couples don’t have the same rights.

This is why if you’re an unmarried SAHP, sacrificing your earning potential, career progression and pension contributions, you’re potentially in a very precarious position financially.

some people are lazy gits 😉

https://www.citizensadvice.org.uk/family/living-together-marriage-and-civil-partnership/living-together-and-marriage-legal-differences/

Tax and inheritance advantages
Legal obligation to support one another
Home rights
Automatic PR for men

That sort of thing.

The main benefit is that you can pass on unlimited amounts to each other when one of you dies and not have to pay any inheritance tax.

You don’t even need to get married. Just have a civil partnership and the laws treats you the same.

@Hoosemover do you not have work to do?

if you were so interested why not do your own research the answer instead of asking other to do the work?
it’s a question that would have been answered more throughly by google searches than Mumsnet

DH less likely to run off with a younger model due to the cost!

How? I'd say it's the opposite.

Debate :)

its genrally seen as the opposite as history says men generally earn more than women but that’s not strictly the case now.

a correct statement would be ‘ no benefit to the one who already owns more assets/cash and lots of financial benefit to the one that doesn’t ‘

for the person that owns a £500k house mortgage free and is marrying someone with no property or savings, they are liable for splitting that asset which they have no doubt worked hard to get 50/50 if the marriage doesn’t work out.

If you're the higher earner and don't have kids.....absolutely none.

If you are broke and marry someone rich, the best get rich quick of all time!

I'm glad you used the word 'generally' there, as my counter-argument is awash with generalisations :).

You are right that it typically benefits the lower earner... but isn't that a (mutually?) self-inflicted problem then? Men typically do not like to be 'supported' by women (pride, ego?...), and women typically do not 'want' to support a man ('cock lodger'). So does that not force an earning discrepancy... and as such, a subsequent marriage 'benefit' to the lower earner, who would likely come away with more than they entered with?

@Hoosemover your opinion. Bye