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Difference between revisions of "Basic Principles of Property and Debt in Family Law"
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Basic Principles of Property and Debt in Family Law (view source)
Revision as of 19:15, 4 May 2013
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==Cohabitation agreements and marriage agreements== | ==Cohabitation agreements and marriage agreements== | ||
''Cohabitation agreements'' are agreements signed by people who will be or are living together, who may or may not wind up getting married later on down the road. ''Marriage agreements'' are signed by people who will be getting or are married. Although there's no reason why these agreements can't be signed well into a relationship, they're usually signed at or shortly after the date the parties begin to live together or marry. | ''[[Cohabitation Agreements|Cohabitation agreements]]'' are agreements signed by people who will be or are living together, who may or may not wind up getting married later on down the road. ''[[Marriage Agreements|Marriage agreements]]'' are signed by people who will be getting or are married. Although there's no reason why these agreements can't be signed well into a relationship, they're usually signed at or shortly after the date the parties begin to live together or marry. | ||
These agreements are often used to say how property and debt will be handled during a relationship and in the event the parties separate and, under s. 93(1) of the ''Family Law Act'', they must be in writing and be signed by each spouse in the presence of at least one other person as witness. | These agreements are often used to say how property and debt will be handled during a relationship and in the event the parties separate and, under s. 93(1) of the ''Family Law Act'', they must be in writing and be signed by each spouse in the presence of at least one other person as witness. | ||
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I'm sure there are other options as well. | I'm sure there are other options as well. | ||
<!---HIDDEN ==Further Reading in this Chapter== | <!---HIDDEN ==Further Reading in this Chapter== | ||