Cohabitation Agreements are Beneficial
Posted on Oct 26, 2010 8:25am PDT
Even if you are not married to your partner, the law has recently seen
benefits being granted to partners regarding cohabitation issues that
have not been seen before. Some courts are recognizing the need to apportion
assets between partners who have been cohabiting using equitable doctrines
in an attempt to prevent injustice and hardship.
Since these doctrines are not set in stone and can be expansive and vague,
it is ideal to enter into a cohabitation agreement that is solidified
by a legal contract. In some cases you may want to give the less financially
stable partner a more equitable settlement should something happen with
your relationship. If one person has assumed the role of caretaker in
the relationship the other might agree to certain settlements to compensate this.
In addition, you can use a legal agreement to outline what is expected
in the cohabitation situation in regards to personal and financial issues.
Contact us to get help from a
Jacksonville family lawyer.