Prenuptial Agreements are issues agreed to by the parties before marriage to determine how property will be handled if the marriage is unsuccessful. Although many people believe this is “plan for divorce” most Family Law Attorneys will tell you that a Premarital Agreement not only makes a dissolution less complicated, but it can also provide for a more stable start to a marriage by laying out all interests and providing a peace of mind for parties that have substantial family and business interests that they have a duty to protect.
Cohabitation Agreements are agreements between unmarried partners that share a life together. These situations do not fall under the area of Family Law so it is important to determine how finances and property will be handled during a relationship, as well as, how accounts and property will be divided if the relationship were to end. This Agreement may be as simple as applying the rules of community property or more complicated depending on the parties and the property involved.
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