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A Cohabitation Agreement is a legal contract between a couple who have chosen to live together but are not married. Living with a romantic partner without a written Cohabitation Agreement can present significant risks to both parties.
Cohabitation Agreements often include:
Provisions for financial responsibility for household expenses
Protections for the homeowner
– Provisions related to children not shared by the parties
Protection for assets acquired during the cohabitation period
Provisions regarding division of resources upon the death of a cohabitation partner
Provisions regarding potential dissolution of the cohabitation agreement
A Prenuptial Agreement is a legal contract made between a couple prior to marriage that establishes property and support in the event of divorce or death. It is simply a contract that ensures all parties are protected before entering a binding, significant, legal and/or financial partnership with another person; drafted at a time when there is a higher likelihood for creating a mutually beneficial agreement, when both parties are loving, rational, and acting in good faith.
Prenuptial agreements often include:
Protections for a spouse from debt accrued prior to marriage
Protection for assets accrued prior to marriage
Agreements regarding current and/or future community property
Provisions regarding division of resources upon the death of a spouse
Provisions regarding division of assets/debts in potential divorce
A Postnuptial Agreement is a legal contract made between a married couple that establishes terms for the allocation of property and resources in the event of divorce or death. Postnuptial Agreements are often made when one party receives a large inheritance or starts a new business venture.
Uncontested agreements are made when the parties wish to amicably resolve all disputes in writing. In Arizona, uncontested divorces are called Summary Divorces and can often be completed for as little as $5,000. Post-Decree Agreements, to resolve issues that arise after a divorce or paternity matter is final, are called Stipulations. These Agreements offer tremendous cost savings, as well as significant reductions in time and energy for both parties.
