Tag Archives: cohabitation agreements

A recent case in New Jersey could make it more difficult to bring palimony cases, according to lawyers involved in its appeal. In Maeker v. Ross, the state’s Appellate Division said palimony agreements must be in writing at the time of the breakup in order to be enforceable.   Putting the ‘Pal’ in ‘Alimony’ In simple terms, palimony is the equivalent of spousal support for unmarried couples, sought when unmarried but cohabiting couples break up, and one partner promised to …

Seniors More Likely to Face Foreclosure While the mortgage crisis seems to have fallen out of the news, seniors in particular are still reeling from its effects. Caught in a cycle of decreasing income but increasing expenses, the elderly have proven especially vulnerable to foreclosures. Find Out More…   Drillers Hose Texas Landowners with Fast & Dirty Fracking Hydraulic fracturing, or “fracking”—a method of oil and gas extraction—is already controversial because of charges that the process is harmful to the …

Fewer Americans are getting married than ever before, but that doesn’t mean couples aren’t cohabitating. If you’re thinking of shacking up or creating a domestic partnership, experts say it’s a good idea to consider entering into a cohabitation agreement.   Marriage Down, Cohab Up Over the last 50 years, marriage rates have steadily declined from a high in 1960 of 72 percent of adults in the United States, to a record low in 2010 of 51 percent, according to a …

Living together before tying the knot is not the scandalous prospect it was considered to be in more conservative times, and adults in the U.S. are now putting off marriage at unprecedented rates. With the stigma of “shacking up” diminished, more couples are finding reasons to move in together before marriage, prompting some to lay down a few ground rules with cohabitation agreements. Similar to prenuptial agreements, cohabitation agreements are premarital contracts that are used to specify ownership of assets, …