A cohabitation agreement is a contract between two unmarried adults who have chosen to live together. Because the couple is not married, they are not afforded the legal protections and rights of married spouses. To protect the individual rights of each person and to avoid future conflicts, a cohabitation agreement can be created.
Cohabitation agreements often cover items like how money, property, and debt will be handled between the individuals, both during and after the relationship. These agreements are most appropriate for adults in a long-term relationship where a large amount of money, property, and debt has or may accumulate. Although not romantic to discuss, having an agreement in place from the beginning may save a lot of headache down the road.
If you are interested in learning more about cohabitation agreements in Denver, click the button below to schedule your free consultation today.