What do cohabitation agreements cover?
Cohabitation agreements, also known as living together agreements, vary depending upon the circumstances and needs of the couple who create it.
A cohabitation contract can include:
- How income and savings will be shared.
- What will happen to property.
- What will happen to other valuable assets such as cars and furniture.
- How any children will be financially supported.
There are also other matters which require careful thought from a couple who are planning to live together, but which should not be included in a cohabitation agreement. These include arrangements for children.