Determining Property Rights in New York Domestic Partnerships
Living with someone over a period of time can come to bear a close resemblance to marriage. The differences between cohabitation and marriage, however, come into sharp relief when the relationship comes to an end. Under New York law, only marriage or civil union will provide clear protection for each person when the relationship is dissolved. A cohabitation agreement represents a practical solution to the problems that can come up when people need to untangle a relationship that isn't otherwise recognized by law.
If you're involved with someone to the extent that you own property together, pay bills together, have children together, operate a business together or any combination thereof, you might consider legal advice about what to do if the relationship comes to an end. Proper documentation of who owns what in the form of an enforceable cohabitation agreement can give you a measure of financial security while avoiding what could turn out to be a lengthy, confusing and costly court battle.
Call 866-721-5655 or 585-232-1770 for Advice About Cohabitation Agreements
Contact an experienced family law attorney at Romeo & Schmitt, P.C. for help with the negotiation, documentation, revision or enforcement of a cohabitation agreement. We can review the financial and practical aspects of your current relationship, identify the areas that could present the most difficult problems in the event of a breakup, and help you find ways to define each person's rights fairly and effectively.
A cohabitation agreement isn't a substitute for a prenuptial agreement, a same-sex marriage or any other domestic arrangement. Instead, it's a way to protect the people involved from loss, if for whatever reason, they go their separate ways after a sustained period of common finances or property ownership.
You don't need to be a straight or gay couple in an intimate relationship to benefit from a cohabitation agreement, either. Adult siblings, business partners, close friends, or anyone else who finds it convenient to live with someone else outside of marriage can find protection in a negotiated agreement that defines each party's rights to property that might otherwise come into dispute when someone decides to move on.
For additional information about the logistics and benefits of cohabitation agreements for people who choose to remain unmarried, contact a lawyer at Romeo & Schmitt in Rochester today.
