Many couples across Pennsylvania and the United States have decided to forgo marriage and live together.
“It’s just a piece of paper,” some say.
That marriage license is an important piece of paper, however – one that spells out the obligations and rights for both partners in the relationship. But there’s nothing that says unmarried people who live together can’t have a piece of paper to protect them in a relationship, too.
It’s called a cohabitation agreement, a nonmarital agreement – or, put more casually, a living together contract.
It’s similar to a prenuptial agreement in that it cements how both the couple’s assets and debts will be shared should a relationship end. But it also lays out obligations during the relationship.
These contracts are appropriate for long-term relationships, where couples might have large joint assets or accumulate debt together, such as buying a home.
A nonmarital agreement should address topics similar to the following:
Before merging your assets with a partner, signing a cohabitation agreement could be an ideal way to put all fears and “what ifs?” to rest. A Pennsylvania attorney versed in family law can discuss with you the pros and cons and what such an agreement should include.
Carlisle, PA – The National Board of Trial Advocacy (NBTA) is pleased to announce that George B. Faller, Jr. of the law firm, Martson Law Offices, has successfully achieved recertification as a civil trial advocate. The NBTA was formed out of a strong conviction that both the law profession and its clients would benefit from […]
Christopher E. Rice of Martson Law Offices in Carlisle, Pennsylvania, was recently elected School Board President of Saint Patrick School in Carlisle, PA! Chris has served on the school board for 6 years and has been involved in a variety of ways in the extracurricular activities offered by the school. Chris has been with Martson […]
George B. Faller, Jr., Shareholder at Martson Law Offices, has been selected to the 2021 Pennsylvania Super Lawyers list. No more than five percent of the lawyers in the state are selected by Super Lawyers. Super Lawyers, part of Thomson Reuters, is a rating service of outstanding lawyers from more than 70 practice areas who […]
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