What are Cohabitation Agreements?
A Cohabitation Agreement is a legally binding contract between unmarried partners who live together. It outlines each person’s rights and responsibilities regarding finances, property, and other important matters during the relationship and in the event of a breakup.
Why Choose Cohabitation Agreements?
Couples opt for cohabitation agreements for various reasons, including:
Clarify Financial Responsibilities
A cohabitation agreement ensures both partners are on the same page about how expenses will be shared, from rent or mortgage payments to household bills. This can prevent misunderstandings and financial strain.
Protect Property Rights
Whether it’s a home, car, or personal assets, a cohabitation agreement can define who owns what, ensuring both parties know their rights in case the relationship ends.
Avoid Complicated Legal Disputes
Without a clear agreement in place, dividing property and finances during a breakup can be messy. A cohabitation agreement helps avoid lengthy and costly legal battles by clearly outlining how things will be handled if the relationship ends.
Provide Legal Clarity
In the event of a breakup or if one partner becomes ill or passes away, a cohabitation agreement can help ensure that both parties understand their rights, preventing ambiguity and potential legal disputes.
Peace of Mind
A cohabitation agreement offers peace of mind by establishing clear boundaries and expectations, allowing both partners to focus on their relationship without worrying about the “what-ifs” of the future.
How We Can Help
Our experienced attorneys can guide you through cohabitation agreements, ensuring your interests are protected.
Contact Us Today for a Consultation!