Many couples in Britain today live together without being married or forming a civil partnership. For some the legal status of this situation isn’t well understood - do unmarried cohabitants have the same protections in law as a married couple? What happens if the relationship comes to an end? Are there ‘common law marriage’ rights?
In some situations creating a cohabitation agreement - a legal contract formalising the terms of the cohabitation - can be a very sensible idea. In this article we will look at what such an agreement does why you might need one and how to arrange putting one in place.
What is a cohabitation agreement?
A cohabitation agreement - also sometimes known as a ‘living together agreement’ or a ‘no-nup’ - is a legal agreement for the relationship specifying how assets are owned and shared between partners and what happens if you break up. Unlike marriages and civil partnerships there is no legislation in England and Wales for cohabitation agreements in particular; instead they fall under the normal rules of contract law.
Read the full article here.