On each of the 12 working days up to Christmas we are posting information about family law issues that we are often asked about. Claire and Rachael have already dealt with pre-marital agreements and post-marital agreements but what if the season of goodwill brings on the decision not to marry, but to live together? How can a couple in such circumstances approach the subject of protecting their assets?
So, swept up in the excitement of Christmas and the New Year, you decide that the time is right to commit to living together. You may decide that one of you will move into the house already belonging to the other or you may decide to purchase together. You do not want to think what might happen if the relationship does not work but you should remember that parties living together do not have the same rights as those who are married or in a civil partnership so, although it might sound unromantic, the decision to enter into a living together agreement which sets out, in effect, who owns what, who makes what contribution and what should happen if the relationship fails can save a lot of heartache at a later date. It can also ensure that both parties are provided for in a fair way in a number of circumstances.
We at Freeths are happy to assist couples with the preparation of living together agreements (co-habitation agreements) so if you are considering living together, please feel free to contact one of our team.