How Do You Make A Cohabitation Property Settlement Agreement?
Cohabitation agreements are private contracts between non-married people who are living together and wish to pre-determine a plan for separating their joint if they eventually terminate their cohabitive relationship. Generally, property settlement agreements between cohabitors designate their agreed distribution of joint property acquired during the relationship as well as any separate property acquired by either party prior to, and during, the relationship. Cohabitation agreements are formal legal contracts governing your respective rights and duties; accordingly, in order to best ensure a court will enforce your agreement, you and your partner must execute it in accordance with certain requisite legal procedures. Discuss your expectations regarding financial matters with your partner before you move in together; attempt to reach a mutual and amicable understanding concerning your financial arrangement generally. If you are already living together, initiate this discussion as soon as
