marriage/cohabitation agreement
An agreement made between two people who are about to marry or live together can range from simple and cost-effective to detailed and elaborate. These are often called prenuptial contracts.
A basic agreement will help you protect your personal property in case the relationship ends. It avoids costly calculations and disputes by providing a record of what you own that you take into the relationship. |
A more detailed agreement creates more certainty for each partner by restricting the legal outcomes of a separation. For example, both partners may agree in advance not to make any claims against each other if the relationship ends. This could cover property division, child support, and/or spousal support.
A marriage or cohabitation agreement seeks to create certainty and manage expectations. However, it is very difficult to predict the future. Intentions and feelings change over time. In addition, the partner with greater assets may try to force the other partner to accept an agreement that is not necessarily in their best interest. Court challenges to the validity of a marriage or cohabitation agreements are quite common and can be extremely costly. It is important to have a lawyer review an agreement before giving up any of your rights. Email me for more information: David@drusslaw.com.
A marriage or cohabitation agreement seeks to create certainty and manage expectations. However, it is very difficult to predict the future. Intentions and feelings change over time. In addition, the partner with greater assets may try to force the other partner to accept an agreement that is not necessarily in their best interest. Court challenges to the validity of a marriage or cohabitation agreements are quite common and can be extremely costly. It is important to have a lawyer review an agreement before giving up any of your rights. Email me for more information: David@drusslaw.com.