Guidance for Unmarried Couples and Nontraditional Families
Minneapolis Cohabitation Agreement Lawyers
Are you and your partner thinking about buying a house together — but you are not married? Are you living together and you want to establish your legal rights and responsibilities regarding property, assets and debts?
A cohabitation agreement is an understanding between two unmarried persons who are cohabiting (living together) concerning everything that relates to their individual assets: management, control, acquisition and disposition in the event the relationship dissolves.
The following are representative functions of the cohabitation agreement that can be advantageous for you as an individual and as a couple. A cohabitation agreement:
- Outlines expectations of the relationship, both financial and personal
- Provides for child-related issues, parenting issues, and parental requests
- Promotes an openness about finances
- Protects separate property, as opposed to combined or joint assets
- Clarifies which party will retain specified property and assets in the event the relationship ends
- Specifies responsibilities for individual debts
- Allows partners to make important end-of-life decisions
The cohabitation agreement is appropriate for domestic partnerships, elderly companions and same-sex couples.
Experienced and Trusted Representation in Cohabitation Agreements
If you and your partner are considering a cohabitation agreement, or simply seek more information about one, please consult one of our experienced Minnesota family law attorneys for knowledgeable legal advice.
With over 40 years of combined experience, the lawyers of Harris-Pearson, P.A., can also can help you with a full range of family law matters that may arise in your relationship, including paternity, child custody and child support.
Contact Respected Minnesota Attorney
We look forward to meeting you during your free initial consultation at our Minneapolis law offices. Call us at (952) 595-9888 or contact us by e-mail to schedule an appointment.