SPECIALIST LAWYERS & solicitors FOR COHABITATION AGREEMENTS
Peace of mind that your assets will be protected when you’re living with a partner
It’s known as the ‘common law marriage myth’ – the misconception that by virtue of living with your partner but not married or in a civil partnership, you can enjoy the same legal rights as those who are.
This isn’t the case, and although it’s not the most romantic of things to think about, putting together a cohabitation agreement (or a ‘living together agreement’ or ‘cohabitation contract’, as it’s sometimes referred to) can offer valuable protection, and reduce stress for you both, in the event your relationship breaks down.
Help for all stages of your family life
Why consider a cohabitation agreement?
Put simply, a cohabitation agreement takes the form of a document that describes your finances, possessions and family relationships, and explains what should happen to these in the event your relationship breaks down.
If you’re setting up home together, and you’ve both contributed towards the purchase of a house or you both plan to contribute to the mortgage payments, should your relationship end in years to come this could amount to a valuable asset. Each of you should protect your investment in it. A cohabitation agreement can provide for what happens to the house (or the proceeds of the sale of the house) should you decide to go your separate ways.
Whether you want to clarify who should live in your family home, who pays the electricity bill or who gets custody of the family cat, these agreements can save a lot of additional headaches and costs should a break-up occur. And it’s much easier to come to a fair, rational agreement at an early stage than after a break-up when emotions are likely to be running high.
A cohabitation agreement is a mature and sensible way to avoid unnecessary problems after separation. With the right advice, a cohabitation agreement will be followed by the court.
When you work with us, we’ll give you clear and friendly advice on what factors you should consider when it comes to putting together your cohabitation agreement, and how the courts would be likely to view this should a break-up occur.
We’ll make sure you both are clear on your legal rights and responsibilities, so you’re left in no doubt and confident that if you break up, you are in the best position possible to keep or share your assets as you had wished.
Specialist advice, regardless of how complex the assets you want to protect
We know it can be awkward, and sometimes emotional, having these sorts of conversations with your partner; after all, no-one wants to think about breaking up. But we handle matters delicately and tactfully. In fact, we believe that it can only be a good thing for a relationship for both parties to have peace of mind that they’re protected and will be treated fairly whatever happens.
A group of MPs recently published a report calling for “urgent” reforms in legislation, which currently leave unmarried, cohabiting couples with “inferior” protections. Some key recommendations made for consideration were…
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