Modern life has shown that more couples are choosing to live together without being married or having entered into a Civil Partnership.
Cohabitation agreements is intended to set out your financial obligations to each other and to document how assets are to be divided if you separate including property, household contents, savings or other investments.
Whilst a cohabitation agreement cannot be strictly enforced, it may be used as evidence in any Court proceedings should they become necessary. However it has been our experience that when partners do document their financial arrangements they are more likely to abide by the agreement reached.
If you do find yourself in a situation whereby you have been in a relationship and have made financial contributions to an asset such as the family home you lived in (but is held in only one person’s name) and then separate, please contact our team of family lawyers who are experienced in cohabitation law to discuss your legal position and whether we can assist you to make a claim.