When you decide to live with someone else, you might not be married, but you are subject to many of the good things and bad conflicts facing married couples. Some of the issues that can cause disputes, are sharing expenses, assets and the question of what happens in one of you should die or if you break up. Money disputes can destroy a marriage, and the same holds true for cohabiting couples. Assembling a Cohabitation Agreement helps talk about these issues. When negotiating, your concerns are heard, and you are free to arrive at an agreement reflecting your values, morals, and beliefs. Your reasoned Cohabitation Agreement can reflect your true wishes, rather than the cookie-cutter system the state imposes on those who don’t bother.
If your partner owns the house, are you tossed out at their death? Who will contribute to joint expenses, and in what amounts? If you become sick, do you want your partner to make medical decisions for you and be allowed to see you at the hospital? Without documenting your agreements and feelings about these issues, you are stuck with state laws, which give a partner little or no rights.
Investing in a reasoned, agreement as to how assets will be divided if you split up or and what rights exist should one person die helps avoid devastating conflict and expensive litigation. A little money spent now can save huge expenses later on. Further, investing in a Cohabitation Agreement allows a couple to talk about finances and make sure both people enter the relationship with a complete understanding of the other person’s financial expectations. A small amount of negotiation between a couple early can avoid heated disputes later.
We are flexible. We have a Cohabitation Agreement Lawyer who can help you with one or two issues, or we can take on the entire process. Implementing a Cohabitation Agreement’s terms might require signing Wills, creating Trusts or altering beneficiary designations. Unlike other firms, we have a whole department of Estate Planning and Asset Protection Attorneys. Very few practices can provide you that depth of experience.
We have an experienced Cohabitation Agreement Lawyer ready to help you with any task, but people most often have us help with the following:
If you have any questions about Cohabitation Agreements or any other estate planning topics, feel free to contact us to schedule a free consultation. For more than two decades Klenk Law has focused only on Estate Law. We’ve seen it all, and this experience allows us to explain complex estate planning techniques clearly and concisely. We make it easy for you to understand Cohabitation Agreements and Asset Protection so you can make the best decisions for yourself and your family.
Peter explained a complex subject very clearly, helped us to decide the best approach to managing our estate and then made it very easy for us to execute the required documents. He will be a valuable resource for years to come and clearly has a great understanding of estate law that will lead to innovative solutions for us. I would unhesitatingly recommend him for estate planning.
AWESOME LAWYER! Peter Klenk is an exceptional attorney and a very nice person! Today I spoke with Peter about estate planning and was impressed with by his professionalism, cordiality, and attention to detail. I highly recommend Klenk Law for probates, wills, trusts, and other issues germane to estate planning!
Peter and his associates made things easy for us.
Everything about my experience was a 10+! Peter and his staff made what I thought would be a difficult process easy and understandable. Every detail was handled correctly. No other firm could possibly do better than Klenk Law!
Very knowledgeable! Peter Klenk always has a thorough answer, and the associates have more experience than you'll find at most firms. They really only do estate work.