The financial perils of cohabiting – with a Lord and TikTok’s Legal Queen

On this episode of the Money Matters podcast Laura and Danni explore the common myth that cohabiting couples have the same rights as married couples or those in a civil partnership under what many people refer to as “common law marriage”.  Spoiler alert: they don’t, even if they have children together. And if their relationship breaks down or one of the couple passes away, they could find themselves dealing with a whole lot of unexpected stress and financial pressures.

Cohabitation is the fastest growing family type in the UK, but many couples do not realise they just don’t have the same legal status as couples who are married or in a civil partnership. To get the low down on the law, Laura talks to Tracey Moloney aka social media’s Legal Queen to spell it out for us.  And Danni catches up with Lord Marks – the liberal democrat peer who is hoping the bill he brought forward to change the law around cohabiting might one day become law.