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Domestic Partnerships PDF Print E-mail
Written by Karen B. Hall   
Saturday, 28 April 2012 04:13

A growing number unmarried, live-in couples are seeking similar legal protections through cohabitation or domestic partnership agreements. These contracts protect each person's assets, address child custody issues and determine support obligations, much like prenuptial agreements do. When may such an agreement be needed?

  • When an unmarried couple intends to buy a house together and raise a family.
  • When one person will stay home to care for children.
  • When one party has a lot of credit card debt or student loans and the other party wants to make sure they are not liable for that.

Tennessee does not have co-habitation laws and does not recognize “common law marriage”, a cohabitation agreement can define how those assets and debts are divided and that can save years of litigation should the relationship terminate. Domestic partnerships can be terminated through court action, mediation, or through use of the collaborative process among parties and their counsel.

Ironically, couples in the honeymoon phase of their relationship are best suited to map out these types of difficult situations.

Last Updated on Thursday, 15 August 2013 23:01
 
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