UNMARRIED FAMILY
Let us first dispel the myth and tell you
that there is no such thing as a common law husband and
wife.
Many people are choosing to live together without getting
married. Whilst there are moves to try to bring the legal
position between unmarried couples in line with married
people the law has yet to be changed. This means that there
is a whole set of legal rules dealing with unmarried people
which can lead to confusion and uncertainty.
When discussing the prospect of living together it is worth
considering the usefulness of a cohabitation
contract. This can set
out the important financial aspects of your arrangements
and without detracting from the excitement of your plans
can make resolving any problems which may arise later on
much easier and cheaper to do.
When buying property as an unmarried couple you should also
be considering a Declaration of
Trust in order to
determine legally the shares which you are to hold in that
property. This is particularly important in the event that
one person is making the bigger financial contribution to
the purchase price.
We are able to advise upon and draft both documents
mentioned above to help you on your way and give you peace
of mind for your new and exciting venture.
Contact us
