The Advantages of a Cohabitation Agreement
Are you considering signing a cohabitation agreement with your partner? If so, you should understand first why you should sign this document and how it can protect you and your partner in the future.
For couples that do not plan on getting married but want to set legal boundaries for their relationship, a cohabitation agreement allows them to do just that. Common issues that are discussed in cohabitation agreements include distribution of property in the case of a split or death; responsibility of debts and financial support during and after the relationship.
When a couple has a child together, it is especially important to sign a cohabitation agreement. This allows both parties to have a say regarding visitation rights and custody in the case of a split, as well as who will be responsible for supporting the child.
Just as with a prenuptial agreement, you may also decide to include the right to serve as a conservator and the right to make medical decisions.
Would you like more information on cohabitation agreements? Contact Claery & Green today to set up a time to speak with our experienced
Los Angeles family lawyers.