Cohabitation agreements
Some people worry that if they own assets and someone moves in with them they will have to share those assets if the relationship breaks down. Others will be selling their home to move in with someone and are worried what the position will be if they subsequently break up.
Although cohabiting couples do not have automatic rights in the way married couples do, moving in together can give rise to financial claims or entitlements and can cause complications.
A cohabitation agreement can provide the couple with a degree of certainty. As long as both parties are independently advised and understand what they are agreeing to, such an agreement can be an incredibly useful tool if the relationship breaks down. It can provide certainty and a clear route to independence as opposed to having to engage in uncertain and costly litigation.
Cohabitation agreements are very familiar to the team, with our focus being on working with the couple as opposed to pursuing one party’s interests at the cost of the relationship.
