A cohabitation agreement is a legal document for couples who live together but are not married. It outlines the rights and responsibilities of each partner regarding property, finances, and other aspects of their relationship. A cohabitation agreement is very similar to a prenuptial agreement.
Cohabitation Agreement
Process
01. Initial meeting
During our initial meeting, we discuss every step of the process to ensure that everything is completed up to your standard.
02. Gather information
During this step, we will ask you to list your assets and debts and gather relevant financial information that supports your assets and debt lists.
03. Final draft approval
After you have approved the final draft of your cohabitation agreement, we will begin to execute it. We will ask you and your partner to sign the contract in the presence of a witness.
Frequently Asked Questions
Any couple living together, especially those with significant assets, debts, or financial responsibilities, should consider a cohabitation agreement. It is also useful for couples who want to clearly define their financial and property arrangements.
If a cohabitation agreement is not followed, it may lead to legal disputes. Courts can enforce the terms if the agreement is valid and legally binding.
Yes, a cohabitation agreement can include provisions for children from previous relationships, such as inheritance rights or financial support. Addressing these issues clearly can help avoid potential conflicts.
If one party refuses to sign, the agreement cannot be enforced. Both parties must willingly agree to the terms. Negotiation and compromise may be necessary to reach a mutually acceptable agreement. Contact us to find out more about cohabitation agreement.
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