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If you are an unmarried couple living together a Cohabitation Agreement is a legal document that can arrange you and your partners finances, property, children, and pets and how these will be split up in the case that you separate, if one of you falls ill, or if one of you passes away.
Your solicitor can give you advice and guidance on what you should include in your cohabitation agreement.
Applying for a Cohabitation Agreement can help formalise your rights as an unmarried couple and set out what will happen should the relationship ever breakdown.
If you are going through a separation, a legal firm will mediate matters such as custody, property, and finances to help you carry out the separation amicably.
You can make a Cohabitation Agreement at any point during your relationship, but it is a good idea to draw one up before you move in together to provide you with some peace of mind.
Although you can write your own Cohabitation Agreement using a template, it is important to get legal advice to ensure that your agreement is fair and covers everything.
Yes, you can update a Cohabitation Agreement. It is important to update your agreement if you have any major updates such as purchasing a new house, having a child, or any significant changes to your financial status.
The cost of a Cohabitation Agreement will depend on factors such as your location and the solicitor you use. Your solicitor may use a fixed fee for their services or can give you a free estimate of how much their services will cost.
If you live with your partner but you are not married or in a civil partnership, you do not have many rights surrounding finances, property, or your children. A Cohabitation Agreement can help you protect your interests.