When two people decide to move in together, they often create a common law marriage. This means that, even if the couple is not married, they are considered to be in a marriage-like relationship. This can have many consequences, especially concerning finances and property. To make sure that things are handled properly, it is crucial to have a cohabitation agreement in place. Here are four reasons why you should seek the help of a family law attorney for this document.
To Ensure the Agreement is Legally Binding
Without a lawyer's help, there is no guarantee that the agreement will be upheld in court. A family law attorney can draft an agreement that sets forth the rights and obligations of each party and can help ensure that the agreement is enforceable in the event of a dispute. For example, if you and your partner break up, a well-drafted agreement can help determine how the property will be divided between the parties.
To Protect Your Rights
This document can specify what will happen in the event of a death or disability and can help ensure that you are taken care of financially if your relationship ends. Without an agreement, you may find yourself without any legal recourse if your partner decides to stop making mortgage payments or otherwise fails to meet their financial obligations. A cohabitation agreement can also help protect your rights if you own property together but are not married. In the event of a breakup, you can use the agreement to prove that you are entitled to a portion
To Ensure All Relevant Issues are Addressed
A good lawyer will take the unique circumstances of your relationship into account and will make sure that all crucial issues, such as financial support and property ownership, are addressed in the agreement. This will help to avoid any misunderstandings or disputes down the road.
To Help with Negotiations
It's important to have a lawyer's help when drafting a cohabitation agreement because it can be difficult to negotiate such an agreement on your own. A lawyer can act as a neutral third party and can help facilitate negotiations between you and your partner. This can help ensure that both parties can reach an agreement that is fair and equitable for both sides.
Contacting a family law attorney for help with your cohabitation agreement is therefore essential if you want to protect your rights and interests in your committed relationship. Reach out to a family law attorney near you today to get started on drafting this document.
Share26 September 2022
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