Martin Lewis issues inheritance warning to every couple living together in UK

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In his latest newsletter, Martin revealed that those who are not married or in a civil partnership have no status under inheritance law.

Money-saving expert Martin Lewis has warned couples who live together but are not married to have financial arrangements in place in case of death.

Lacking inheritance status means that if one partner dies then the other could not get the house despite living in it for years. According to the Mirror, the money guru pointed to the importance of wills and encouraged his readers to have the "unpleasant issues" chat with friends and family. Mr Lewis said whether with parents or children, it's important to chat about the possibility of dying and being "candid" and "blunt" when considering the implications.

He said: "If you live with your partner, but are neither married nor in a civil partnership, you may want to consider drawing up a 'cohabitation agreement' in addition to writing a will.

 

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