Hiring a Cohabitation Agreement Lawyer
Cohabitations are increasingly common as couples choose to live together for longer periods of time before they wed or go their separate ways.
What is a Cohabitation Contract?
A cohabitation contract is a legal contract between a couple that has chosen to live together but not marry.
Why Hire a Cohabitation Agreement Lawyer?
We as cohabitation agreement lawyers help the parties involved voluntarily specify how money, property, and debt will be handled between the individuals, both during and after the relationship. We help you specify who gets what, and we can create a buy-out clause that would require one party to reimburse the other for any items he or she wants to keep in the event that the relationship was terminated.
If you decide to get married, you could leverage the accord created by your cohabitation agreement lawyer as a template for a prenuptial agreement. Keep in mind that a cohabitation agreement does not automatically merge into a prenuptial. Naturally, it should be reviewed before it is used as the basis for a prenuptial agreement as to insure all issues and concerns are addressed. Our experienced prenuptial agreement lawyer at Lewis & Matthews P.C. will review the agreement for you to ensure all your rights are protected and that the terms are correct and legally binding.
Cohabitation agreements lawyers can help ensure that both of you are protected in the event that one of you passes away, as the cohabitation contract agreement becomes a useful estate planning tool. The agreement enables each party to:
- Make funeral arrangements for each other
- Inherit property from the other
- Receive death benefits
A cohabitation contract will insure that your partner is taken care of in the event of your death or disability and provide peace of mind to both parties.
As life changes, so should your cohabitation contract. Review the document periodically to ensure it reflects how you and your partner want things to go if the relationship comes to an end. If there has been a major change in your lifestyles, debts or finances, you may need to make changes to the agreement.
If you are planning on living with someone or are currently cohabitating and want to protect your interests and rights contact Lewis & Matthews P.C. and learn how we can help you ensure all your rights are protected and that the terms are correct and legally binding.