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By LegalMatters Staff • When a couple decides to start living together or get married, they typically face many decisions, big and small. However, the question of whether to get a cohabitation or prenuptial agreement may not be a decision they see as a priority. It should be.
In the glow of love, you may believe that the relationship will continue to thrive. But what if it doesn’t? That is the reason it only makes sense to consider a prenup or cohab. It can save both time and stress as well as help avoid disagreements that can make a difficult period even more demanding.
You can only guess what the future will hold, but that does not mean you cannot plan to meet the challenges ahead, according to Edmonton family lawyer Emily Gore.
Making a cohabitation or prenuptial agreement when starting out does not mean you have doubts about your relationship. But consider this – a breakup can be a difficult time to attempt to divide property and decide who is responsible for certain debts.
In an acrimonious breakup, disagreements can become heated and you may need to turn to the courts to find a resolution. This can add unwanted stress and expense to what is sure to be a challenging period in your life.
As Gore notes, a prenup or cohab “can help you avoid the significant future legal costs and the emotional turmoil that can be associated with the breakdown of a relationship.”
