We also work alongside in-house tax advisors to ensure that you receive the right financial advice.
A living together agreement is a legally binding agreement which sets out clearly in writing the financial arrangements that you and the person or people you are living with have agreed together.
They can specify the shares in which you own a property, as well as provide for the payment of household expenses or other financial arrangements you want to put in place.
Whilst they are sometimes referred to as ‘cohabitation agreements’, they are not just for couples. Anyone ‘pooling’ their resources to provide a home or an investment property should have one.
Unlike with married couples, there is no legal obligation on couples living together to financially support one another should the relationship break down, whether that be by way of maintenance or other financial provision. Living together agreements enable you to make financial provision for one another that would not otherwise be available under the law.
