For unmarried couples who live together, a well-drafted separate property (or cohabitation) agreement is one of the most practical tools for avoiding costly disputes and uncertainty down the road.

For unmarried couples who live together, a well-drafted separate property (or cohabitation) agreement is one of the most practical tools for avoiding costly disputes and uncertainty down the road. Unlike married couples, partners who cohabitate don’t automatically benefit from clear statutory frameworks governing property division, which means that questions about who owns what — or who is entitled to what after a breakup or death — can quickly become complicated and contentious. A separate property agreement allows couples to define, in advance, how assets and debts are characterized, how shared expenses are handled, and what happens if the relationship ends or one of the partners dies, providing clarity and reducing the risk of litigation. It also helps protect premarital assets, business interests, and inheritances, while setting expectations that can strengthen the relationship itself. In short, taking the time to formalize these arrangements isn’t unromantic — it’s a smart, proactive step that can preserve both financial stability and peace of mind.

If you have questions about separate property agreements or cohabitation agreements, give us a call at 253.858.5434 to set up an appointment today.