Signing a cohabitation agreement expertly drafted by a lawyer, can be one of the most important decisions that you make upon entering a common law relationship. Common law couples do not share the same rights and responsibilities available to married couples upon separation. Therefore, it is advisable for all couples in a common Law relationship to consult with a family lawyer. The experienced lawyers and attorneys at Nussbaum Family Law can advise you on how to protect your rights by setting legal boundaries and obligations should the relationship end.
What is a Cohabitation Agreement?
A Cohabitation agreement is a binding legal agreement between a couple who live together in the same household but are not married. It is similar to a marriage contract and can protect you from unnecessary cost and litigation in the case of separation or the end of the relationship.
What can be included in a cohabitation agreement?
In the event that the relationship ends, a cohabitation agreement can direct:
- how much support is paid
- how property is divided
- who has to move out of the home
- who owns the belongings that are bought while together
- retirement savings
- investment in the home
What can not be included in a cohabitation agreement?
You cannot include custody of and access to children if the relationship ends. This must be decided at the time the relationship is dissolved. The courts will need to approve the child custody agreement.
The lawyers at Nussbaum Family Law will examine your unique situation and explain your legal options. We will take the time to understand your needs. Our team of Toronto family law lawyers have your best interests at heart.
For over ten years, we have helped thousands of clients in Toronto with their cohabitation agreements allowing them peace of mind.
For more information about how our team of lawyers in Ontario can help, contact Nussbaum Family Law to book a free consultation.