According to the current population survey, there has been a remarkable rise in cohabitation from the past decade. The people from Statesboro, GA, started cohabiting on a consensual basis from the twentieth century. And thereon, there was a significant rise from 13% to 45%, in cohabiting culture.
source: neconnected.co.uk
Family law attorneys in Statesboro GA can help you in understanding the legal rights of cohabitants in a better way.
Most adults moved on to live together outside the marriage contract once they turned 18. Also, adults in the age group of 20-44 lived with two or more partners throughout their life, according to the Pew Research Center. It is always wise to study and understand the laws before taking a plunge in the cohabitation process.
You must know what your legal rights are if you plan to cohabit with your partner, and this article will go over a few of them.
Financial Security
source: pewsocialtrends.org
Cohabitation has a specific meaning in Georgia Law. It is defined as living together irrespective of gender in an intimate relationship. If you’re a partner to more than one person, then the law will treat you differently. It’s best advisable to have a written agreement duly signed by all the cohabiting partners before getting into a live-in relationship.
This is the utmost necessary step to have all your finances secured. So, no partner can force you to pay for their never-ending expenses. The law of Georgia protects all the individuals equally when you get into any feuds. But there has to be a legal agreement that keeps all the partners binding.
It not just secures your finances but also does not burn a hole in your pocket, while the settlement process takes place, in case if you plan to separate.
Get a Prenup Agreement
source: weinbergerlawgroup.com
Unlike marriages, cohabitation is widely accepted by most of the youngsters, as it does not enforce marriage-related legal obligations. Marriages come with the baggage of legal liabilities that lead to bitterness in the relationship over some time. Compared to the overall divorce rate in the U.S, which is 10.9%, the divorce rates are lower in Georgia, which is at only 5.0%.
The reason being people in Georgia have clarity of how to maintain the relationships without any hassles. They prefer prenup agreements that sort all their financial troubles, and division of assets becomes a smooth process if they have bought any together. A prenup agreement contains specific clauses that protect the interests of both the parties involved.
No Property Disputes and Alimony Woes
source: theconversation.com
According to researchers, the majority of setbacks that an obligor suffers are due to property disputes and alimony troubles. 75% of the divorce rates in the US settle with a huge alimony amount either in lumpsum or with property division. But when you have a family law attorney in Statesboro, GA, at your rescue, you can easily cope with such issues. These lawyers help you in getting into an agreement with your partner that will protect and secure all your interests equally.
When you have all the clauses specified in terms of asset management or division, then there won’t be any legal issues. Furthermore, alimony won’t be a major concern because only married applicants are bound to it. Cohabitation law does not force you to pay alimony unless you have any pre-defined clause in your agreement.
Cohabitation laws are not complicated to follow if you have the right guide by your hand. Hence, prefer a good lawyer who will direct you through all the process without any stress. see more information and rights at live enhanced.
