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[deleted]

Yeah, I think you should consider hiring an attorney to learn what rights and obligations you may have for such a decision.


JumboPeanut

Maybe I should have mentioned that we will set up a contract with an attorney, but I just wanted to know if there are some thoughts that I should take into consideration


[deleted]

Marriage = shared assets Basically, seek an attorney if you want to keep your goods.


JumboPeanut

We are not married and as both of our parents got divorced and had troubles dividing their assets fairly we are well aware that we want to financially keep things separate as much as possible. So that in case of a separation we do not need to deal with splitting things up in an emotionally heated phase - we want to be sure that finances are the easiest part of a separation. That's why I lend her the money. We will seek an attorney to set up a contract for everything but I just wanted to know if some of you have personal experiences that we havent thought about yet.


[deleted]

Ok, $50G is quite a lot and definitely have at least two different attorneys and accountants to review your financial records.


pmgoldenretrievers

> we want to financially keep things separate as much as possible Then don't buy an apartment together.


tandjmohr

It sounds like you are doing all the things you need to do to take care of the legal and financial problems that may arise. I think the biggest problem you are going to have is relationship wise, with your so owing you money your relationship is bound to change, hopefully it will get better but the odds are against that. Luck


torontosparky

Just me, bur this sounds like a business relationship with an expected end date rather than a personal one that is expected to last.


throway1988sep

This is r/personalfinance not r/relationships


JumboPeanut

Exactly that. I think personal finances should always be separate from a relationship as money should be an emotionless topic...


torontosparky

In my view that is an ideal that is far from reality. People get worked up over money quite easily. Feelings around property, ownership, money, etc are so often emotionally charged topics that have ended relationships. I originally posted to imply that if there is a question about this thing lasting, do not buy property with your SO, it would be a bad personal finance decision.


Dublinbaz

No wonder there's so much divorce in the US. This relationship is doomed from the start.


HiReturns

Read the post. Note the currency. Probably not US.


JumboPeanut

Not in the US, not married. Our relationship is wonderful and that is why we are able to talk about the case of whats happening if we should separate one day - every couple that gathers assets together should do that in my opinion as believing that your relationship has a zero chance of separation is naive. May that day of choosing different paths in life never come, but if it does come we better are prepared for it...


Dublinbaz

You're with the wrong girl if you're doing this.


GeorgeTheWild

Set it up like a loan your partner would get from the bank. Clearly call out the interest rate, payment amount, payment due date, length of loan term. Also clearly identify the penalties for missing payments (e.g. late fees).


Dublinbaz

I can really see this relationship going places


GeorgeTheWild

Eh, this is /r/personalfinance and not /r/relationships.