Increasing numbers of couples are choosing to live together before, or perhaps instead of marriage, a statistic recognised by the government and forever mentioned in the media.
However, what is not so well known, is the lack of protection such cohabiting couples have should they separate. There is a huge misconception that the law sees cohabiting couples as common law wives or husbands which naturally leads to the assumption that they will be as adequately protected, financially, on relationship breakdown as divorcing couples.
This is simply not true.
To protect your position, should your relationship falter, consider entering into a cohabitation agreement. This simple document records how the family finances would be divided to ensure each party is adequately provided for going forward.
Here to Help
Our experts are on hand to help you through the legal, financial and agreement processes for any difficult situations you are facing.
Tel: 01737 551821
law@ludlowlane.co.uk
Ludlow Lane Solicitors
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