Minnesota Cohabitation Agreement Lawyer
Cohabitation Agreements in Minnesota
There are a number of reasons many couples are choosing to forego traditional marriage and live together as common law man and wife. Even without the legality of marriage a breakup can be messy. To avoid possible legal and other difficulties many couples are electing to enter into a cohabitation agreement to protect their assets. This agreement can provide a sense of security to both parties. Should the relationship dissolve, this agreement will help to efficiently divide any assets. Far from being a negative, this contract provides stability and suggests trust and dedication to the relationship. To find out more about cohabitation agreement s by consulting a Minnesota divorce attorney at our firm.
Cohabitation Agreement Lawyer in Minnesota
A cohabitation agreement lawyer at our office has prepared many of these documents for couples who choose to establish a relationship without a formal marriage. A cohabitation agreement should be considered in the following instances:
- If you are currently living together or plan on living together
- If you plan on purchasing property together
- If you plan on starting a family together, or if you have children together
- If you have assets you want to protect
- If you have children from a previous relationship and want to ensure their financial future is protected
Many older couple who choose not to marry sign cohabitation agreements to protect their children's and grandchildren's rights to their assets. Many who have been married and divorced before often choose to live under common law and find this is an excellent solution for them. Same sex couples can avoid a number of issues by having a written agreement should their relationship dissolve.
In order for this type of agreement to be legal, both parties must consult with a separate attorney on the matter and must sign the document. Although the agreement will outline the individual assets in the event of a breakup, there may be other legal issues such as custody or child support which will need to be arranged outside of the agreement. An experienced divorce lawyer at our firm can answer any questions and help you draft a contract you can both be comfortable with.
If you are considering a cohabitation agreement, or want to learn more about this, contact a Minnesota divorce attorney at Heimerl & Lammers to for a consultation.