FOR EXPERT FAMILY LAW ADVICE IN MILTON KEYNES CALL TODAY ON 01908 410 576
COHABITATION AGREEMENTS MILTON KEYNES
Hardly a day goes by where we are not putting together cohabitation agreements this is because the fastest growing family formations nationally are co-habitant, step-family formations or couples who have been married before and decide to move in with a different partner.
We provide cohabiting couples with comprehensive cohabitation agreements and advice about their rights and every day obligations to one another and their children, siblings and even pets in this complex and changing area of family law.
Some couples decide to enter into a contract or agreement governing their cohabitation and their arrangements at the very start of their relationship. This agreement or contract which we can prepare, really is very beneficial, especially if later on the relationship comes to an end. Millions of unmarried couples living together or cohabiting are unaware that they are at severe financial risk and emotional risk as a result of the current family law legal system.
Great advice and a great service, my parents are over the moon, thanks so much!
Thanks again for your understanding throughout my divorce you really made me feel comfortable from the start!
Pretty awkward when we considered a Prenup however you make the whole process seamless, thanks!
FOR EXPERT FAMILY LAW ADVICE IN MILTON KEYNES CALL TODAY ON 01908 410 576
Cohabitation Agreements – Cohabitation has become a common way of living together as a couple.
Despite living as a married couple where you are sharing finances and having children. Despite living, in name only, as a married couple, you are treated very differently in the law.
What is a cohabitation agreement?
A cohabitation agreement or contract is a written agreement agreeing and which sets out how the couple’s cohabitation should proceed and what would happen to everything should their relationship break down or come to an end.
The Family Law Milton Keynes team can help you tailor these agreements or contracts to you and your partner. What clients should include in their cohabitation agreements are as follows:
• How the finances are to be conducting whilst living together;
• Who owns what when the agreement is signed;
• Whether the cohabitation agreement is to be reviewed at any point;
• How the income, assets, debts and property should be divided should your relationship end:
• What happens to your current or future children in the event your relationship fails or ends?
Above is the very basics that should be included however each cohabitation agreement is different as each persons circumstances are not all the same. We can work with both parties at the same time and advise on areas where you might need protection and flag up some issues you may not have considered before.
When should a cohabitation agreement be made?
Cohabitation agreements can be made at any time but the sooner the better; We can make the contract up either before you live together or after. You may wonder why couples make cohabitation agreements? Well unmarried couples are treated differently by law and will not necessarily have the same rights. Unfortunately there is actually no such thing as a ‘common law marriage’, so if a relationship does break down, neither party has any automatic right to property, cars or money belonging to the other.
Some couples find these types of arrangements to be very beneficial and by discussing cohabitation agreements allows them to realistically approach how they intend to live together financially.
Contact our team today for the very best advice!
