It may come as a surprise to know that they have little or no recognition or financial protection when the relationship ends. Despite the fact unmarried couples are able to buy property together, have children together, and make wills in each other’s favour.
When this occurs whether because the couple want to separate or because one of them dies, the two people are generally treated by the private law as two unrelated individuals, no matter how long they have lived together.
Accumulated assets during the relationship belong to the person directly responsible for acquiring them and they may be only shared if there is a clear agreement to do so. The courts will uphold this agreement and consider that it is a standard contract. This may sound quite simple, however, property law is a complicated area and the unravelling of the couple’s financial relationship can prove complex and difficult and discussing your legal position with our experienced solicitors is prudent.