u/Beginning-Stop-3806

Hello,

A question about defacto, but more tax leaning.

My partner and I are late 40s and pretty well established. We have spoken about moving in together but wanted to keep our finances as seperate as possible.

He has significantly more assets than I do, so I'm not concerned about protecting myself, but he does have a son who all of his assets would go to in case of anything happening. He also has IP's and I would be renting my house out so for tax purposes combining assets would be a bit of a mess to untangle.

Is there anyway we can move in together and delay financial defacto? I spoke to a friend who advised after a year all of the assets would be 'our assets' which will be a lot more of a consideration.