Protecting Your Assets
Cohabitation Agreements (also known as pre-nuptial arrangements, financial agreements, or binding financial agreements) are becoming more common particularly where parties have independently accumulated assets prior to cohabitation and wish to protect the assets they bring to the relationship.
Strict rules apply to the preparation of Cohabitation Agreements if they are intended to be binding and importantly, each party is required to obtain independent legal advice.
If you have accumulated or inherited assets and would prefer to protect those assets separately from your new relationship in the event of a separation, a Cohabitation Agreement may be the best option for you. Cohabitation Agreements can be made at any time prior to, during or after a relationship has ended. To find out more about whether a Cohabitation Agreement is right for you, contact us today.