When two people are cohabiting and wish to buy a property together, there are some important things they need to consider. Unlike married couples, cohabitants are not considered legal heirs in the event of death. This means that if one of the cohabitants dies, the other will not automatically receive ownership of the property.
To avoid any problems, it is important that cohabitants take the following steps before buying a property together:
- Drawing up a cohabitation contract
A cohabitation contract is a legal document that enables cohabitants to define their respective rights and obligations in the event of death. This contract can include clauses on property ownership, child custody, alimony payments, etc.
- Naming a beneficiary to own the property
If the cohabitants do not wish to draw up a cohabitation contract, they can name a beneficiary for the property in their will. The beneficiary will be the person who receives ownership of the property in the event of the cohabitee's death.
- Insuring the partner
Death insurance guarantees payment of a sum of money to the beneficiary in the event of the insured's death. This sum of money can be used to pay funeral expenses, the deceased's debts or to purchase the property.
By taking these steps, cohabitants can protect themselves in the event of death and anticipate any potential inheritance issues.
How to protect your interests in the event of inheritance?
In addition to the measures described above, cohabitants can also take certain steps to protect their interests in the event of inheritance. These measures include :
- Communicate openly and regularly
It's important that cohabitants communicate openly and regularly about their plans and wishes. This will help avoid misunderstandings and potential conflicts.
- Consult a notary
In all cases, it is advisable for cohabitants to consult a notary who can advise them on the best measures to take to protect their interests.
What about the 2nd pillar?
In the event of death, the benefits paid depend on each pension fund and its regulations. It is therefore possible that the partner will not be
By taking these measures, cohabitants can protect themselves in the event of death and avoid any inheritance problems.
