The break-up of a relationship can have severe financial consequences for cohabitees without clear and defined evidence in support of your share of a property, as it is not automatically divided equally. An asset which is held in the sole name of one party will remain their asset in its entirety, which could have a serious impact upon the other party and any dependent children.
A co-habitation agreement is a wise precaution to take to avoid any future disputes of this nature. The co-habitation agreement can deal with issues such as: –
- Ownership of assets existing before the co-habitation took place.
- Ownership of assets built up during the course of the co-habitation.
- Responsibility for any expenses such as mortgage payments.
- Arrangements should one partner die.
Co-habitation Agreement Packages
Our expert Family Law solicitors will be able to provide you with a tailored Co-habitation Agreement for a fixed fee of £350 + VAT.
Please call our specialist Family Law Solicitors now on 0844 800 9860 for a free telephone consultation or contact us online.