Are you going to be purchasing a property with your boyfriend/girlfriend or future spouse? You may want to look at a cohabitation agreement or marriage contract. A cohabitation agreement can be useful if you want to set out how much each party is putting into the property and how the property will be dealt with if the relationship ends. For example: will the property be sold or transferred to one party? How much of the sale proceeds will each party get? If you are getting married and you have more assets than your spouse and do not wish to equalize them on separation, or if this is your second or third marriage, you may wish to enter into a marriage contract to provide that you and your spouse’s property will remain separate in the event of a split, and you will not have to pay the other person support. We can discuss whether a cohabitation agreement or marriage contract is for you.
