Dale & Co. can help you draw up a cohabitation agreement to set down some practical guidelines and offer some security for you and your partner. Thinking these things through early on will help make things much simpler in the event of a break-up.
Everyone's personal situation is different, which means that each agreement will be different. Some of the things you should consider including in a cohabitation agreement are:
- The purpose of your agreement: do you intend the agreement to be legally binding or merely a statement of your expectations?
- The length of time the agreement will cover.
- Arrangements for children: for example, arrangements for maintenance, custody and contact if you separate.
- How you will treat property owned by either of you at the beginning of the relationship.
- Will property acquired during cohabitation be shared equally or in proportions set out in the agreement?
- How will you deal with debts you have at the beginning of the relationship? Consider making a statement of what each currently owes.
- Inheritance and wills - what, if anything, will you leave to each other (although it is still important that you both make a will).
- How you will resolve disagreements - for example, via professional conciliation or a named mutually agreed conciliator.
Contact Dale & Co. today for more information or help setting up a cohabitation agreement.
Last Updated: Thursday 25th April 2019
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