It’s a private contract between two consenting adults to keep the state out of their relationship. It does not have to be filed with state. Just signed by both parties.
The couple could still wear rings, have a wedding, whatever, it’s just the state is then not involved in their relationship.
It’s not a bad idea I guess my point is really in a dispute the state still gets involved married or not and the living arrangements will still come into question on who is entitled to what. So really maybe the only benefit is tax wise is usually beneficial to be married but I guess depends where you live.
A legal dispute is something that is much more reasonable than having everything dictated by 1138 pre-packaged state provisions. No one getting married has a clue about 99% of those 1138 provisions. It’s ridiculous.
In a cohabitation agreement you can specify these things as the couple sees fit. You can keep finances separate, have certain co-mingled accounts, divide assets, agree of division upon split, etc. This as mutually agreed upon terms between consenting adults. It is far preferable to the alternative.
Also, I don’t care about tax benefits. I wouldn’t sell my own principles and best interests down the road to the state for some cheap tax incentives.
Fair points
Side note: I a pro commitment, pro family.
I appreciate the discussion the private contract is interesting point the only other ppl I’ve discussed the keep gov out of my relationship types had no such agreement so you’re still kind of bound by common law but they also didn’t have any type of wedding either. Just living together in a marriage like relationship without a wedding.
