When two people decide to live together, they may not immediately think of the legal implications of cohabitation. However, it is important to consider drafting a cohabitation agreement to protect both parties` interests. In Connecticut, such agreements are recognized and enforceable under state law.
A cohabitation agreement, also known as a domestic partnership agreement, is a legal document that outlines the terms of a couple`s living arrangements. It can cover a variety of issues, including how expenses will be shared, who will own property acquired during the relationship, and what will happen if the relationship ends.
In Connecticut, cohabitation agreements are governed by the Uniform Premarital Agreement Act (UPAA), which provides guidelines for drafting and enforcing these agreements. To be enforceable, cohabitation agreements must be in writing, signed by both parties, and made voluntarily and with full disclosure of each party`s assets and debts.
One common provision in cohabitation agreements is the division of property acquired during the relationship. Without an agreement, property acquired during cohabitation may be considered joint property and divided equally in the event of a breakup. A cohabitation agreement can establish each partner`s separate property and clarify who owns what.
Another important consideration is shared expenses. Cohabitation agreements can outline how living expenses, such as rent, utilities, and groceries, will be divided between partners. This can help prevent misunderstandings and disputes over money.
In addition to property and expenses, cohabitation agreements can address issues such as spousal support, inheritance rights, and medical decision-making. These agreements can be an important tool for unmarried couples to protect their rights and interests in the absence of legal marriage.
Overall, a cohabitation agreement can provide essential legal protection and clarity for couples who choose to live together. If you are considering cohabitation in Connecticut, it may be worthwhile to consult with a lawyer experienced in drafting and reviewing these agreements to ensure that your interests are fully protected.