Welcome to Legally Sound with Richard Reed, the podcast that simplifies the law and explores how it affects our daily lives. In this episode, Sarah Reid is joined by Matthew Lockey and Debra Taylor from the Family Law team at Richard Reed Solicitors for an insightful discussion on the legal differences between cohabiting and married couples.

With more couples choosing to live together without tying the knot, it’s important to understand the legal implications of each path. What rights do you really have if you're not married? What should you be thinking about when it comes to finances, children, or even separation?

Here’s what we’ll cover in this episode:

• The truth about “common-law marriage”, and why it’s a myth

• Key legal differences between marriage and cohabitation

• Protections and agreements you can put in place as a cohabiting couple

• What happens when children are involved

• The legal discussions and difficulties around changing cohabitation law

• How assets are treated depending on your relationship status

If you're living with your partner, or thinking about it, this episode is essential listening to help you understand your legal position and protect your future.

Get in touch:

Richard Reed Solicitors: Website: https://richardreed.co.uk/ Phone: 0191 567 0465 Email: info@richardreed.co.uk

Connect: Sarah Reid: LinkedIn Matthew Lockey: Matthew.lockey@richardreed.co.uk

Debra Taylor: debra.taylor@richardreed.co.uk

References:

Resolution: Cohabitation

Martin Lewis Article: Is being married financially worth it?

Welcome to Legally Sound with Richard Reed, the podcast that simplifies the law and explores how it affects our daily lives. In this episode, Sarah Reid is joined by Phil Moir and Lewis Cassap from Richard Reed Solicitors, along with Stephen Hope from Stephen Hope Wealth Management.

Together, they discuss the critical importance of having a shareholder agreement in place for any business. Despite their value, shareholder agreements are often overlooked which can lead to complicated and costly issues down the line.

Here’s what we’ll cover in this episode:

• What a shareholder agreement is

• Why having one is essential

• When the best time is to create a shareholder agreement

• The key clauses that should be included

• Why it's important to review and update the agreement as your business evolves

• The risks and challenges of not having a shareholder agreement

This episode is a must-listen for any business owner, whether you're just starting out or already established. It could save you from serious trouble in the future.

Get in touch:

Richard Reed Solicitors:

Website: https://richardreed.co.uk/

Phone: 0191 567 0465

Email: info@richardreed.co.uk

Stephen Hope Wealth Management:

Website: https://www.stephenhopewealthmanagement.com/

Connect:

Sarah Reid: LinkedIn

Phil Moir: phillip.moir@richardreed.co.uk

Lewis Cassap: lewis.cassap@richardreed.co.uk

Stephen Hope: 01915111090

Welcome to Legally Sound with Richard Reed, the podcast that simplifies the law and explores how it affects our daily lives. In this episode, Sarah Reid is joined by Steven Douglas and Nicola Bennell from Richard Reed Solicitors, and Graham Hickey from First Finance Group, to decode the confusing legal and financial jargon around buying and selling a home.

Whether you’re a first-time buyer or an experienced mover, the process can be filled with unfamiliar terminology. This conversation unpacks what those key words really mean, why they matter, and how to navigate the property journey with confidence.

Here’s what we’ll cover in this episode:

• Why legal language in property transactions isn’t always client-friendly.

• Common misunderstandings clients have – and how to avoid them.

• Key terms to know at each stage of buying a home – from viewing to getting the keys.

• Practical advice for first-time buyers when handling legal documents.

• Why it’s important to understand and complete paperwork correctly in the first instance.

• Tips from the experts on simplifying complex terms for clients.

If you’ve ever felt overwhelmed by the terminology in property transactions, this episode will help you feel informed, empowered, and ready for your next move.

Get in touch:

Richard Reed Solicitors: Website: https://richardreed.co.uk/ Phone: 0191 567 0465 Email: info@richardreed.co.uk

First Finance Group: Website: https://www.firstfinancegroup.co.uk/

Connect: Sarah Reid: LinkedIn Steven Douglas: LinkedIn Nicola Bennell: LinkedIn Graham Hickey: LinkedIn

Resources:

• Law Society – Guide to Buying or Selling a Home

• Money Helper – Mortgage and Home-Buying Advice