A Tempe, Arizona Non-Marital Cohabitation Living Together Agreement is a legally binding contract designed to establish and protect the rights and responsibilities of unmarried couples who choose to live together. This agreement is crucial as it outlines various important aspects of their domestic partnership to ensure clarity, fairness, and the preservation of each individual's rights in the event of a relationship dissolution or unforeseen circumstances. The primary purpose of a Non-Marital Cohabitation Living Together Agreement is to address issues similar to those found in prenuptial agreements but tailored specifically for unmarried couples. While the contents of these agreements may vary, they generally cover the following key areas: 1. Property Ownership and Division: This agreement allows couples to stipulate the ownership and division of shared assets, such as real estate, vehicles, bank accounts, and personal belongings. It outlines whether property will be jointly owned or held separately, and how it will be divided in case of separation. 2. Financial Matters: Couples can use this agreement to address financial obligations and expectations during the relationship. It can outline how expenses will be shared, income distribution, and the management of joint financial accounts. Additionally, it can outline how debts and liabilities will be handled if the relationship ends. 3. Estate Planning: A Non-Marital Cohabitation Agreement enables couples to define their intentions concerning inheritance and estate planning matters. This may include considerations related to wills, trusts, life insurance, and beneficiaries. 4. Child Custody and Support: For couples with children or those planning to have children, the agreement can establish provisions for custody, visitation rights, and child support, ensuring a clear framework for co-parenting in case of a separation. 5. Healthcare and End-of-Life Decisions: This agreement can address healthcare decisions and medical powers of attorney, granting partners the authority to make medical choices and end-of-life decisions for each other. Different types or variations of Tempe, Arizona Non-Marital Cohabitation Living Together Agreements may exist, such as: 1. Basic Living Together Agreement: Covers the fundamental aspects of cohabitation, including property division, financial obligations, and basic rights and responsibilities. 2. Comprehensive Living Together Agreement: Provides a more detailed and comprehensive approach by including provisions on child custody and support, estate planning, healthcare decisions, and other relevant matters. 3. Temporary Living Together Agreement: Intended for couples planning to live together for a limited period, such as during a specific project or while one partner is pursuing education or work opportunities in another location. Overall, a Tempe, Arizona Non-Marital Cohabitation Living Together Agreement is an essential legal tool for unmarried couples to establish clear guidelines, protect their rights, and preserve their individual interests during cohabitation, and can be customized based on each couple's unique circumstances and needs.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.