Common law marriage? If you are living or planning on living with a wo(man) & you have significantly more money than the other, you need to protect yourself & your wealth with a prenuptial agreement/cohabitation agreement. Women are Hypergamous. Unless you plan on being married, don't cohabitate, never create a joint bank account, never cosign a loan/line of credit, or have joint investments WITHOUT a cohabitation agreement.
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In this video, Prominent Family Law Lawyer Peter Doucet and I explain Common Law marriage legal issues & palimony. NEVER live with a woman you aren't married to or planning to marry in within 1-2 years. If you live with a woman you may as well be married because upon doing so every liability & accountability of marriage is then in effect. You not only lose any freedom of anonymity you commit to, legally, being responsible for the continuation of your living arrangements regardless of how your relationship decays.
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When is a relationship considered common law and what circumstances shorten that timeline? What claims do common law partners have to each other’s property? And how to establish a cohabitation agreement that will stand up in court.
There are three stages to be mindful of: Dating Prior To Moving In Together, Dating While Moved In Together and the Breakup Potential Ramifications.
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