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When Cohabiting Couples Separate: How to Divide Your Assets

May 28, 2014  |   Posted by :   |   Blog

From a legal point of view, separating as a cohabiting couple is both easier and more difficult than divorcing as a married couple. On the upside,  you do not need to change your legal status from married to unmarried by going through the process of divorce, but it’s still important to be aware that cohabiting couples have very few rights in terms of claiming the fair division of partner’s assets. Unless a co-habitation or living together agreement is drawn up with the intention of making it legally binding, cohabitating couples do not enter into any form of contractual arrangement in relation to their financial affairs in the ...

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