So if he has an accident drink driving while you're still married. He is found liable and has to pay $100 000 (by way of example). Then you've got issues because the insurance company will come after what ever assets he owns.
Look credit card debts, that is deliberate, as opposed to an accident drink driving and yes there are protections in law.
Wiser now is not right in asserting that it goes into the same asset pool if you live together for a year.
You May Be In A De facto Relationship Even If You Don't Live Together All Of The Time! - Solari & Stock-Where clients come first
How to protect assets? well stay together, but that is a bad reason to stay with someone... But if you're gonna separate, then get consent orders done with a solicitor asap. There are no guarantees in this world.... Equally, don't win lotto until you get court orders. Let's say you win $200 000 the day after you leave. That $$ will still be part of the asset pool until such time as you get court orders that stipulate
'Not right'?Wiser now is not right in asserting that it goes into the same asset pool if you live together for a year.
protect our assets or debt if he takes out credit
NO! I am afraid not sammy01. You read it wrong.u indicated that there is some 'rules' about 1 yr... the answer is NO.