Cohabitation Rights & Agreements Solihull

An increasing number of couples are choosing cohabitation over marriage or a civil partnership. If you purchase property together, you could run into trouble should you decide to separate. A cohabitation agreement provides clarity and oversight.

We work with unmarried couples to reach cohabitation agreements that protect both parties. A cohabitation agreement is essential for unmarried couples who have purchased property together. Although the terms of the property deed provide some protection, a cohabitation agreement will extend beyond attribution of ownership. This type of agreement is drawn up by a family solicitor and agreed by both parties. In the event of a breakdown of the relationship, a cohabitation agreement provides protection and a path forward for separating your assets.

Cohabitation rights and agreements explained

Unmarried couples may live together and share financial responsibility for things like mortgages, debts and estate planning. If one partner dies without a will in place, the surviving partner will have no claim over their estate unless they co-owned property. A cohabitation agreement can ensure rights and protections in the event of death or the end of a relationship. The Pearcelegal family solicitors team can provide support with cohabitation agreements covering:

• Property

• Assets

• Shared debt

• Shared bank accounts

• Savings

If you are planning to get married or enter into a civil partnership in future, a cohabitation agreement could lead the way for a prenuptial agreement.