A pre-partnership agreement is a written contract agreed by both parties prior to entering into a civil partnership. It is equivalent to a pre-nuptial agreement (a similar contract for heterosexual couples entering into marriage) in that it sets out how the parties’ income and assets should be divided in the event of dissolution.
What this sort of agreement may seem to lack in romance, it compensates for in sense and practicality. Pre-partnership agreements can aid in the resolution of disputes should the relationship breakdown, reducing the burden of stress in what is already a difficult time.
As many couples entering into civil partnerships are often comparatively progressed in age, pre-partnership agreements can be vital to help protect any assets and/or wealth upon civil partnership dissolution.
