What is a separation agreement between unmarried couples?
A separation agreement is a contract between unmarried couples to compromise and regulate financial issues following the breakdown of a relationship.
Why you might need a separation agreement?
If you have complex financial affairs or there are ongoing financial obligations between you both, for example because you own joint property or have children, you may need a separation agreement to regulate your financial settlement until the terms are fully implemented or complied with.
Are separation agreements binding?
A separation agreement is a contract. Provided the separation agreement is properly entered into and there are no grounds for challenging it on the basis of duress, mistake, non-disclosure or disparity of bargaining power, a court is unlikely to set aside such an agreement.
How we can help
If you have reached a financial settlement following separation from your partner, we can help you with the preparation of a valid separation agreement. Alternatively, if you have entered into a separation agreement and wish to challenge it because you believe it was unjust or unfair, we can advise about the prospects of challenging the agreement.
Need further advice?
If you need more detailed advice about separation agreements following a separation call us on (01228) 829530 to arrange an initial consultation or request a free call back.
