A domestic partnership occurs when cohabitating couples who are not legally married decide to formalize their union. The partnership agreement addresses many issues, from ownership of shared property and joint bank accounts to child custody and how assets will be divided should they break up.
When assets are commingled, legal difficulties can arise when couples separate. A domestic partnership agreement, like a business contract, determines what shall occur should they split. It is in the interest of both parties to have a Sturgis domestic partnership lawyer law draft the partnership agreement to avoid future conflicts.
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