Cohabitants are individuals that live together without being married. In the unfortunate event that the relationship ends, such individuals do not have the same legal rights as married couples.
To avoid the potential problems that may arise as a result of the lack of legal rights, such individuals can enter into a Cohabitation Agreement. This agreement details how assets and other joint possessions will be divided.
At FMT, we can assist you in creating a Cohabitation Agreement that reflects both the needs and rights of you and your partner, in the event of any unexpected circumstances.
Nobody wants to think about their relationship ending, but the fact that you have an agreement in place does not mean that you think the worst will happen. Rather, creating a Cohabitation Agreement simply means that both you and your partner are aware of where you stand.
It just means that you both know where you stand legally. It ensures that if your relationship ends, you can avoid difficult, lengthy and expensive arguments about who owns what, at a time when you are likely to be emotional and upset.
Our cohabitation agreement service includes:
While a cohabitation agreement can outline certain aspects related to children, child custody and maintenance decisions are primarily governed by family law and the best interests of the child.
Agreements related to children might not always be legally binding like the cohabitation agreement itself.
To create a valid and legally binding cohabitation agreement, it is recommended to seek legal advice.
We understand that each agreement should be tailored to the couple’s unique circumstances and comply with the relevant legal requirements.
We offer a fixed fee of £1,000 plus VAT to prepare a cohabitation agreement.
Yes, a well-drafted cohabitation agreement can help prevent misunderstandings and disputes by clearly outlining each partner’s financial contributions, property rights, and other important matters.
Remember that laws and regulations can change, so it is crucial to consult legal professionals like ourselves to ensure that your cohabitation agreement continues to be legally binding.
