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Often, unmarried couples are unclear about the extent of their legal rights.
If you are planning on living with or are already living with your partner, you may wish to enter into a Cohabitation Agreement to regulate financial matters whilst you are in a relationship.
Our solicitors will help you make informed choices in resolving practical issues resulting from either a relationship breakdown or advising you on wealth protection issues prior to cohabitation.
A cohabitation agreement is a legal agreement between unmarried partners who wish to regulate the terms of their relationship. This can include how you manage your household payments/bills and financial assets.
This could be useful in the event of a break-up, as you will have a record of your intentions at the start of the cohabitation. This may reduce emotional pressures and help you agree on matters fairly and amicably.
More and more, Cohabitation Agreements are being used to provide clarity for unmarried couples wishing to regulate the terms of their relationship. An agreement can provide written evidence of what you intended at the outset, as to your respective ownership of property, and what you each intend to happen in the future.
A Cohabitation Agreement can include agreements on residential property, joint bank accounts, financial assets, children or even pets. You may want to consider some of the following points:
A: Yes. A Cohabitation Agreement does not prevent couples from marrying in the future. It can actually act as a good starting point if you would like to consider a Pre-Nuptial Agreement before marriage.
You should get legal advice at the earliest opportunity so that you can seek to protect your interests. A Cohabitation Agreement can be re-drafted at any point, if necessary.
Yes, a Cohabitation Agreement can be re-drafted at any point, if necessary.
No. However, the following criteria are met, the agreement can usually be relied upon in the event of a dispute:
It is not mandatory. However, it is advisable to enter into a Separation Agreement, especially if you are selling your property. A Separation Agreement will record your intentions through to completion of sale.
If you would like to talk to our cohabitation solicitors, in confidence, about how we can help, please call us on 0161 941 4000, or contact us online.
Home-grown or recruited from national, regional or City firms. Our specialists are experts in their fields and respected by their peers.