Finance Archives - Edinburgh Family Law

Buying your first home together but contributing different deposits? Here’s why you need a Minute of Agreement

cmathison2024-11-22T07:48:42+00:00November 22nd, 2024|Civil Partnerships, Cohabitation, Family Law News, Finance, Money, postnuptial, Separation Agreements|

When purchasing a property with a partner, many couples contribute unequal amounts to the deposit. This can happen for various reasons—one partner may have saved more, received a gift from family, or sold a previous property. Whatever the reason, if the relationship ends, tensions can arise over how the deposit and any equity are divided. A Minute of Agreement is a practical and legally binding way to protect both parties and ensure that contributions are reflected fairly.

What is a Minute of Agreement?

A Minute of Agreement is a formal legal contract, often referred to as a postnuptial or cohabitation […]

Scottish Law Commission Calls for Reforms to Address Tech and Financial Abuse

cmathison2024-10-29T16:05:58+00:00October 28th, 2024|Case Study Protection From Domestic Abuse, Civil Partnerships, Company News, Family Law News, Finance|

The Scottish Law Commission has highlighted the urgent need for reform in addressing domestic abuse, emphasising the significance of recognising both tech and financial abuse. As the landscape of abuse evolves, these forms of coercion require specific legal attention to protect victims effectively.

What is Tech Abuse?

Tech abuse involves the use of technology to control, harass, or stalk an individual. This can manifest in various forms, including:

– Monitoring Devices: Abusers may install tracking software on a partner’s phone or computer or log into their partners emails in order […]

Are Cohabitation Agreements Legally Binding?

cmathison2024-09-20T12:59:58+00:00February 23rd, 2024|Children & parenting issues, Co-Parenting, Cohabitation, Finance|

Cohabitation agreements act as an insurance policy for unmarried couples living together or those who aren’t in a civil partnership, helping to clarify rights, responsibilities, and financial arrangements. A question we are often asked is whether these agreements are legally binding and whether they hold up in court.

What is a Cohabitation Agreement?

Before delving into their legal status, let’s revisit what cohabitation agreements entail. These agreements are written documents that outline various aspects of a couple’s living arrangements, including property rights, financial responsibilities and childcare arrangements.

Generally, a couple uses a cohabitation agreement to clarify details like:

1. Who owns what […]