Making the decision to move in together is a milestone in most relationships.
It takes on even more significance when you consider the impact of amendments made to the Family Law Act which in effect give any de facto couple (in a relationship of sufficient duration) similar rights to married couples.
This means that the pool of financial resources (and debt) that each partner brings to the relationship as well as the assets you accumulate together may be considered communal property and open to form part of a property settlement.
Whilst these laws may not concern a younger lesbian couple with little in the way of assets or debts, an older woman with a degree financial security may feel a little different. When you’ve accrued a degree of financial independence, the thought of putting your security at risk may be more than a little worrying.
This pre cohabitation agreement has been drafted to set your mind at ease. It is quite straightforward and covers all the common areas of concern you might have by allowing you to quarantine property from future claim. It sets out in clear terms how you and your partner would like divide assets and liabilities if the relationship ends. It is suitable for a lesbian couple who are planning to move in together on a genuine domestic basis.
The document templates and instructional material have been professionally drafted to ensure your final agreement will comply with section 90UB of the Family law Act.