Cohabitation Agreements
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An agreement might:
- Deal with how much each partner will contribute towards household expenses
- Clarify the ownership of expensive items, such as cars or jewellery
- Set out how a shared property would be dealt with in the event of separation
- Deal with gifts and inherited assets
The aim of a cohabitation agreement is to reduce the uncertainty that can exist when a couple sharing a home separates.
At Arlingsworth Solicitors our family law solicitors regularly draft and advise on cohabitation agreements and can deliver a bespoke solution tailored to the specifics of your family situation.
A cohabitation agreement is a legal document that outlines the rights and responsibilities of each partner living together without being married. It covers financial arrangements, property ownership, and other important matters to provide clarity and protect both parties.
A cohabitation agreement can prevent misunderstandings and disputes in the future by clearly defining each partner's rights and responsibilities. It is particularly useful for couples who want to formalise their financial arrangements and property interests.
Yes, cohabitation agreements can be revised if both parties agree to the changes. It’s important to review and update the agreement regularly, especially if there are significant changes in your circumstances.
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