Cohabitation agreements are useful tools to ensure that the parties going into (or continuing) the relationship with a clear understanding of their rights and obligations.
Some parties use cohabitation agreements to protect themselves in the event of a breakdown in the relationship. For example, if a common law couple has been living together in a conjugal relationship for three or more years and then the relationship ends, one spouse may be entitled to spousal support from the other spouse. A cohabitation agreement could specify the amount of spousal support that would be paid in that circumstance or it may provide that no spousal support will be paid at all.
To learn more about whether a cohabitation agreement is a good idea for you, call us today at (437) 222-2234.