Prenuptial and Cohabitation Agreements offer a great deal of peace of mind to both parties in a relationship, but of course it can seem a little awkward to first broach the subject to a partner. There was a time when a ‘pre-nup’ was regarded as something that was only for the rich and famous, but these days they are a relatively common legal agreement.
Despite being seemingly unromantic to some, a Prenuptial Agreement offers an opportunity to protect your assets should the relationship break down. This legal document can prove particularly useful if one partner has considerably more in the way of assets, or has perhaps invested more money into the joint purchase of a property. Without the agreement, assets could end up being considered matrimonial assets that belong to both parties.
One of the most important things to remember with a Prenuptial Agreement is that the document itself can be as simple or as complex as the client chooses. It may pertain to one single asset such as a home, for example, or it could be expanded to include vehicles, shares, investments, jewellery, artworks and more. As with all such legal documentation, it’s best to use specialists such as those in MML Law’s family law team to draw them up.
In a similar vein, Cohabitation Agreements are used in situations where couples live together but don’t get married. Properly constructed documentation such as this can cover a multitude of issues, including the likes of:
…and more.
Again, a Cohabitation Agreement can be straightforward or convoluted, depending on your specific situation. Here at MML Law, we have worked with many clients over the years, creating and implementing legally binding documents that bring them the comfort they need before moving in with somebody. In all cases, our aim is to provide bespoke agreements that are unique to them, and that cater to all of their specific needs.
Nobody enters into a relationship hoping that it will one day come to an end, of course, but it would be wrong to ever assume that divorce or separation cannot happen. Break-ups occur all the time, and making the best of a bad situation can be so much simpler if either a Prenuptial or Cohabitation Agreement is already in place.
Here at MML Law, our specialists have the knowledge and experience in this field to help you right from the start. We understand that it’s not necessarily easy to approach a legal expert about a potentially emotive matter, but we know what you might need and how to make it a reality.
To find out more about such agreements, why not give us a call today? We’re available right now on 01382 206 000 for a friendly, no obligation chat. This could be the best way to protect your assets for both now and into the future. We hope to hear from you very soon.
