In this episode, host Nikki Parkinson engages in a candid conversation with Christina Salvo, the CEO and founder of Simple Separation, about de facto relationships. They delve into what constitutes a de facto relationship in the eyes of the family law system.
Christina clarifies how, legally, de facto relationships are treated and whether they are similar to marriages when it comes to financial settlements, children's arrangements, and child support. They discuss how asset division in de facto relationships is determined based on factors such as relationship duration, contributions, career sacrifices, income disparities, and age differences.
The importance of protecting assets in de facto relationships is a focal point, and they explain how financial agreements or prenuptial agreements can safeguard individuals.
This conversation highlights the importance of initiating the conversation about a financial agreement early in the relationship. Tune in to hear Nikki and Christina'a strategies for approaching this potentially sensitive topic.
If this episode resonated with you, Nikki invites you to subscribe, leave a five-star review, and share the podcast with others who may benefit from the discussions.
Host: Nikki Parkinson, TEDx Speaker, Divorce Doula, Coach and Founder of The Divorce and Separation Hub.
Connect with Nikki Parkinson here
Join our Divorce and Separation community HERE.
Watch Nikki's TEDx Talk HERE.
Guest: Christina Salvo, CEO and Founder of Simple Separation
Connect with Simple Separation here