Cohabitation Agreements

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Unmarried couples who are living together have the option of creating a cohabitation agreement to help protect their rights as a couple and safeguard their individual assets and interests. Many couples may think a cohabitation agreement is unnecessary, but you would be surprised at how many couples that are living together end up realizing that their expectations in the relationship are completely different.

In case of a future divorce, having a written contract determining how property and assets should be divided will help minimize or eliminate any reasons to battle it out. When commingling property or money, you should make clear your expectations regarding property ownership, caring for children and covering household expenses. To avoid misunderstandings, this should be discussed before moving in together.

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