Cohabitation Agreements in San Diego
Protect Your Assets & Property in a Non-Marital Relationship
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. This should be discussed before moving in together to avoid misunderstandings.
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What to Include in a Cohabitation Agreement
A cohabitation agreement can cover everything in the relationship or specific things, like a new house purchase. The contract should specifically state what both parties want and how much is being shared.
Most common issues covered in cohabitation agreements include:
- Property and finances (both before the relationship and during it)
- Property inherited or received by gift during the relationship
- Expenses such as food, utilities, and housing
- What will happen in the event of splitting up or death
- A method of resolving disagreements
- Any issues involving money
Need Help? Turn to Moore, Schulman & Moore, APC
You and your partner can draft an agreement together, but it is advised that a separate attorney draft the legal document. An attorney can spot the specific issues in your situation and provide valuable advice about what should be covered and the elements needed in the agreement to make it enforceable. Our attorneys at Moore, Schulman & Moore, APC, can assist you with all your cohabitation agreement needs.
Contact our law firm today to learn about your options!
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