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We have been living together with no immediate plans to marry but want to be protected from one another. What is a Co-Habitation Agreement?

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We have been living together with no immediate plans to marry but want to be protected from one another. What is a Co-Habitation Agreement?

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A contract is no more than an agreement to do (or not to do) something. Marriage is a contractual relationship, even though the “terms” of the contract are rarely stated explicitly or even known by the marrying couple. Saying “I do” commits a couple to a well-established set of state laws and rules governing, among other things, the couple’s property rights if they split up or when one of them dies. Unmarried couples, on the other hand, do not automatically enter into a contract when they start a relationship. If you want to legally establish how you will own property during your relationship, as well as what will happen if you separate or if one of you dies, you must write out your own rules. (Married couples do something similar when they create a premarital agreement. Your agreement will be legally called a “Co-Habitation Agreement,” also referred to sometimes as “living together contract.”) Some couples find it unromantic or depressing to even think about making a contract governin

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