Protect Legal Wyoming Cohabitation Forms For Free

Yes, you can. Examples of situations where writing your own may make sense are if you are both young, both have no significant assets and no significant debt, and do not have any children.

Technically your contract can be enforceable if it is made in writing, signed by both parties and witnessed. However, in order to ensure that your agreement is not challenged by your partner in the future, it is highly advisable that you both receive independent legal advice.

A cohabitation agreement is a legal document between unmarried couples who are living together. It sets out arrangements for finances, property and children while you're living together and if you split up, become ill or die. You can make an agreement at any time. It's good to do it before you move in together.

What to include in a cohabitation agreement: Individual assets which belong to each party ? savings, investments etc. Shared assets and debts ? joint property and/or mortgages & loans. The intention of how assets and debts should be divided if the cohabiting relationship ends.

The agreement states what happens to the parties' property and finances should they end their relationship. As a result, the cohabitation agreement will protect the interests of both parties and avoid any potential legal conflict that could arise from a breakup.

A Cohabitation Agreement usually includes: Full names of you and your partner. Shared address. Move-in date. Information about both shared and separate assets and debts. Delegation of household expenses. Details of any joint accounts used to pay shared living expenses.