Cohabitation agreement for de facto couples
So, it looks like you are already living together. Do you need a de facto cohabitation agreement?
Couples young and old enter binding financial agreements or cohabitation agreements for any number of reasons. Maybe:
- you want to protect a superannuation interest; or
- one partner feels nervous about the possibility of losing the family home; or
- you want to make sure an inheritance only goes to the children; or
- it may be as simple as declaring that each party will keep their financial affairs separate from the other.
The reasons are many and varied, but the one consistent message is to provide peace of mind for the party or parties at risk.
A cohabitation agreement allows you to document what you think would be a fair and equitable distribution of property in the event of separation, instead of leaving it up to the courts.
Insecurity about Finances can lead to misunderstandings
Insecurity about finances can often lead to misunderstandings, and the peace of mind that comes with putting a cohabitation agreement in place often removes the source of persistent arguments.
With this in mind, legal professionals have drafted this particular binding financial agreement to comply with section 90UC of the Family Law Act, to put you mind at ease.
The material covers all the issues that may be of concern to a de facto couple, and shows you how to clearly spell out what assets the parties would like to quarantine from future claim.
Debts are often a concern, so the documents also make it clear that neither party bears any responsibility for the debts of the other.
FAQ: What is the difference between a binding financial agreement and a cohabitation agreement?
Answer: Nothing. Under Australia’s Family Law Act the correct name for this document is a Financial Agreement although many people know it by the common name of a cohabitation agreement.
This easy to use cohabitation agreement kit includes:
- The defacto Agreement template – written in plain English
- A Comprehensive User’s Guide which answers your questions
- Sample agreement – so you know what the completed agreement should look like
- Sample clauses – help you to tailor the document to your own situation – just cut and paste!
- A Bonus Will kit because you often need to update your Will when entering a new relationship.
- Access to the Exclusive Members area which takes you through the process step-by-step
- Complimentary Financial Agreement Assessment – we check your draft agreement to ensure it’s ready for the lawyers and the mandatory Legal Advice. This is how we save you thousands of dollars in legal fees.
- Access to fixed price Legal Advice so you can get your agreement certified without spending a fortune.
Download Kit Today
Get Started – Agreement for all states except Western Australia just $147
Buy De Facto Cohabitation Financial Agreement 90UC – Instant Download
Get Started – Agreement for Western Australia just $147
Buy De Facto Cohabitation Financial Agreement WA 205ZO – Instant Download
See how it works
Not sure what to expect? Watch this short video — it walks you through the process from download to signed agreement.
Why do you need to get Legal Advice?
For a Financial Agreement to be legally binding under Australian law, both parties must receive independent legal advice from separate lawyers. This is not a loophole or a formality. It’s the legal requirement that makes the agreement enforceable. Without it, the agreement can be set aside by a court.
Our fixed-price Legal Review Service connects each of you with an independent family law solicitor from our carefully selected panel. Each solicitor reviews your completed agreement with you separately, by phone or Zoom – no office visit required. Once each of you has received that advice, your solicitor issues a Certificate of Independent Legal Advice. Both certificates together make your agreement legally binding.
The combined kit and Legal Review Service covers both of you (in the vast majority of cases) for a fixed price of $3,397 – a fraction of what you’d pay engaging two separate law firms from scratch.
Cohabitation agreement sample
Excerpt of Cohabitation Agreement
You enter your assets and liabilities onto the schedules – one for each party, and one for jointly held property.
Let’s take a quick look at the Peaceful Path process.
We work with you
In a nutshell – we work with you from start to finish. From the moment you download your agreement to the final signature. We know our stuff, our systems are finely tuned and our customers love us for it!
“The service provided by your company was second to none! The prenuptial contract process was seamless with all the details that I wanted plus more. The service, support, the contract, examples contract and everything that came with it was faultless! I highly recommend your company and will with no hesitation use your service again! Well Done.”
Nathan Waterstone
Oakleigh Vic
A Word of Warning
If you do decide to download a document from the internet, only a document drafted to comply with Australia’s Family Law Act and reviewed by an Australian lawyer will protect you. If you can’t speak in person to the staff of the company making the offer. Proceed with caution.
On the other hand if you want to speak with us, all you have to do is pick up the phone and call 1800 608 088.
Get Started Today - Choose from
Agreement for all states except Western Australia just $147
Buy De Facto Cohabitation Financial Agreement 90UC – Instant Download
Agreement for Western Australia just $147
Buy De Facto Cohabitation Financial Agreement WA 205ZO – Instant Download