As more and more couples choose to live together before getting married, it`s important to understand the legal implications of cohabitation. In Ontario, Canada, you can protect yourself and your partner by creating a cohabitation agreement.

What is a Cohabitation Agreement?

A cohabitation agreement is a legal document that outlines the rights and responsibilities of each partner in a cohabiting relationship. It can cover a range of topics, including property ownership, financial obligations, and child custody arrangements.

Why You Need a Cohabitation Agreement

Without a cohabitation agreement, you could be putting yourself and your partner at risk. If you separate in the future, you may not have any legal rights to the property you shared or any financial support. Additionally, if you have children together, a cohabitation agreement can outline a clear plan for their care and custody in the event of a breakup.

What to Include in a Cohabitation Agreement

A cohabitation agreement should be tailored to meet your specific needs and circumstances. However, some common clauses to include are:

– Property ownership: Who owns what property? If you buy a house or other assets together, how will they be divided if you separate?

– Financial obligations: How will you handle joint expenses like rent and bills? Will you contribute equally or based on income?

– Child custody and support: If you have children together, how will you handle their care and custody in the event of a separation? How will child support be determined?

– Dispute resolution: If you have a disagreement, how will you handle it? Will you use mediation or arbitration rather than going to court?

Working with a Lawyer

To ensure that your cohabitation agreement is legally binding and meets your needs, it`s important to work with a lawyer who is experienced in family law. A lawyer can help you draft the agreement and provide advice on any legal issues that may arise.

Conclusion

A cohabitation agreement is an essential document for couples who choose to live together in Ontario, Canada. It can protect your rights and assets and provide a clear plan for any future separation. Don`t wait until it`s too late – speak with a lawyer today and create a cohabitation agreement that meets your needs.