Cohabitation Agreement for Unmarried Partners
Entering into an agreement that protects the assets of both partners in a relationship breakdown can feel negative and pessimistic to some, but the reality is that doing so for couples that are unmarried is a sensible way of protecting both partners should the relationship end. Putting these arrangements in place can help to provide a couple with peace of mind knowing that they have an agreement in place.
What is a Cohabitation Agreement?
A cohabitation agreement for unmarried partners helps to provide protection to those who do not automatically have the right to a partner’s assets in the event of a relationship breakdown. Contrary to popular belief, the division of assets for unmarried couples living together is not the same as it is for married couples.
Having a cohabitation agreement shows the clear intention of asset division by both partners, which the courts will then take into account.
This agreement is a way of providing greater protection to unmarried couples, allowing a couple to relax and feel at ease regarding their assets should anything change between partners in the future. Engaging in a cohabitation agreement is particularly beneficial for couples who have financial ties, such as in property.
How Berwins Can Help
Having the right cohabitation agreement solicitors will help to make the process extremely easy while providing the best legal advice. At Berwins Solicitors, we offer an optimum level of support while ensuring the best outcome in the case of a relationship ending.
Having this agreement in place will help to prevent hostility and confusion over assets in the event of separation and provide a clear indication as to the parties’ intentions.
If you aren’t thinking about marriage and are planning on living with a partner, or are already living with a partner, we can provide you with all of the information and guidance you need to decide whether a cohabitation agreement is right for you.
Call our family legal team on 01423 543 108 or email Family@berwin.co.uk to speak to an experienced cohabitation agreement solicitor.