Many unmarried couples often find that they are not entitled to the finances and property which they expected. This is because unmarried couples who are living together do not have the same legal rights as married couples.
A cohabitation agreement is one way to try and avoid any problems.
A cohabitation agreement sets out how you will deal with any financial or property issues during the relationship and also in the event of a separation. It is sometimes referred to as a living together agreement.
The agreement can also help to avoid any misunderstanding during and after the relationship by clearly stating what you both agree should happen.
A cohabitation agreement can include things such as:
The agreement can be tailor made to suit your circumstances.
The law in England states that cohabitation agreements are not currently legally binding. However whilst this is the case, a cohabitation agreement is likely to be upheld by the courts if both of you have been honest and open about your finances and assets and the agreement has been prepared in the proper manner.
If you would like to discuss an issue with one of our family law solicitors, please contact us and one of our specialist team will be happy to advise you.