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Cohabitation Agreements

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A cohabitation agreement is a legal contract between two parties who are unmarried but wish to define their rights, responsibilities, and obligations toward one another, usually in the event of a disagreement or a rift in their relationship. In many ways, such agreements are similar to prenuptial and postnuptial agreements, and marriage contracts. Such agreements are typically used for people who are not desirous of marriage but are lovingly committed to each other and want to provide for each other in the event the relationship ceases.

For example, individuals in a long-term relationship who decide against marriage may choose to define their entitlements and obligations regarding various matters, including but not limited to, property ownership, property division, support and other matters. Such an agreement can be vital as a court would otherwise have no authority to deal with these issues.

Thus, parties can determine what levels of support they wish to provide the other spouse with if the relationship breaks down. That makes parties feel comfortable, knowing that they have defined for themselves what will occur, in advance. This also exists for real estate, business, and personal property. Countless people care about the welfare of others and want them to be taken care of if the relationship ends but just simply do not wish to be married. If you need assistance with a cohabilitation agreement retain the help of a Long Island divorce lawyer from our firm.

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It is important to remember that a cohabitation agreement is not a sign that your relationship will end or that there is a lack of trust. Often, people are committed to long-term relationships and want to have their significant other protected even if the relationship ends. These agreements are thus very useful and can provide both parties with peace of mind and financial security for the future.

However, because this is a legal document, there are rules and requirements involved in drafting. The last thing you want is to have an agreement that defines your rights, obligations. and entitlements to be determined unenforceable and null and void because of a failure to have set forth specific language.

Contact my firm, the Law Offices of Jay D. Raxenberg, Esq., today so we can discuss these important matters and so your agreement can be properly drawn in accordance with standard practice and statutory and legal requirements.

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