Love, Money & the Law

What is a Cohabitation Agreement?... and ... What Isn't It?

Episode Summary

Let's just give living together a fancy name and you've got "cohabitation." Mix that with a contract and voila you've got a "cohabitation agreement!" So, now what? This short primer gives you a simple definition and overview of the what these living together contracts are all about and why you may need one.

Episode Notes

Cindy Hide includes the following points in her narrative:

• Why a cohabitation agreement is especially important in states where common law marriage is recognized
• What consideration is needed for a cohabitation agreement?
• Why you may need a cohabitation agreement, including points about gifting, reimbursement rights, financial support, payment of debts, and children
• What states in the United States of America recognize these agreements
• Types of cohabitation agreements
• What a cohabitation agreement is NOT