It could be considered unromantic, but having a clear and open discussion about finances can help lay a good foundation and keep things simple during your relationship.
Some reasons you may need to consider an agreement about finances include owning a property or business separately, a family member lending money to help with a house purchase, or putting protection in place for the future of dependants from a previous relationship.
Proposing an agreement or contract may not be easy, but it’s important to consider that your rights at the end of a relationship differ depending on your circumstances – for example, a cohabiting couple does not have the same rights as those of a married couple.
How Can We Help You?
Our Family Team is incredibly experienced in drawing up a number of relationship agreements, including:
- Declaration of Trust on co-owned property
- Living together / cohabitation agreements
- Postnuptial agreements
- Prenuptial agreements
- Separation agreements
Whether you’re about to get married, have already tied the knot or are in a long-term relationship, relationship agreements are becoming more and more popular to protect your assets on divorce or separation, and are no longer just for the very wealthy.