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Prenup For Unmarried Couples Template for England and Wales

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Key Requirements PROMPT example:

Prenup For Unmarried Couples

"I need a Prenup For Unmarried Couples to protect my business assets and define financial arrangements with my partner before we move in together in March 2025, with specific provisions for my technology startup and London property."

Document background
A Prenup For Unmarried Couples (Cohabitation Agreement) is essential for partners living together in England and Wales who want to establish clear legal arrangements without being married. This document becomes particularly important as unmarried couples have limited legal protection compared to married couples under English law. It typically covers property ownership, financial contributions, living expenses, arrangements for any children, and provisions for relationship breakdown. The agreement helps prevent future disputes and provides certainty about each partner's rights and obligations, especially important given that there's no such thing as 'common law marriage' in English law.
Suggested Sections

1. Parties: Details of both cohabiting partners entering into the agreement

2. Background: Context of the relationship, purpose of the agreement, and confirmation of intent to create legal relations

3. Definitions: Key terms used throughout the agreement including property, assets, and relationship status definitions

4. Property Ownership: Details of property ownership, shares, and mechanisms for determining beneficial interests

5. Financial Arrangements: Day-to-day financial responsibilities, joint accounts, bill payments, and savings arrangements

6. Separation Provisions: Detailed arrangements in case of relationship breakdown including property division and financial settlements

Optional Sections

1. Children Arrangements: Provisions for existing or future children including living arrangements, financial support, and education

2. Business Interests: Protection of business assets and arrangements for business ownership and operation

3. Inheritance Provisions: Specific arrangements for inheritance rights and estate planning

4. Pets: Arrangements for pet ownership, care responsibilities, and costs in case of separation

Suggested Schedules

1. Schedule of Assets: Comprehensive list of each party's assets, including values and ownership details

2. Schedule of Properties: Detailed information about all properties owned separately or jointly by the parties

3. Financial Disclosure Statements: Complete financial information provided by both parties including assets, liabilities, and income

4. Certificates of Independent Legal Advice: Signed certificates confirming both parties received independent legal advice before signing

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Relevant Industries
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Relevant Roles
Industries

Law of Property Act 1925: Primary legislation governing property ownership rights in England and Wales. Establishes framework for legal and beneficial interests in property and joint ownership arrangements.

Trusts of Land and Appointment of Trustees Act 1996 (TOLATA): Key legislation for resolving property ownership disputes between cohabitants. Provides framework for determining beneficial interests and property rights upon relationship breakdown.

Children Act 1989: Fundamental legislation concerning children's welfare, parental responsibility, and child maintenance arrangements. Any provisions relating to children must comply with this Act.

Family Law Act 1996: Particularly Part IV which deals with domestic occupation rights and provisions regarding occupation of shared homes in domestic relationships.

Contracts (Rights of Third Parties) Act 1999: Legislation governing how contractual terms may affect and be enforced by third parties to the agreement.

Contract Law Principles: Common law principles including requirements for valid contracts: offer, acceptance, consideration, and intention to create legal relations.

Undue Influence and Duress Doctrine: Common law principles ensuring agreements are entered into freely and without improper pressure or exploitation of power imbalances.

Constructive and Resulting Trusts Principles: Equitable principles used to determine beneficial interests in property where legal ownership doesn't reflect true intentions or contributions.

Independent Legal Advice Requirement: Best practice requirement that both parties should receive separate, independent legal advice before signing the agreement to ensure its enforceability.

Financial Disclosure Principle: Requirement for full and frank disclosure of financial circumstances by both parties to ensure the agreement is made with informed consent.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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