Cohabitation Agreements Increasingly Popular Among Singles
A prenuptial agreement without the wedding? More than 12 million unmarried couples live under the same roof. Not every pair will sign a marriage license, but many are choosing to sign a pre-nup-like agreement. Why? This latest legal trend is aimed at protecting singles and their assets.
Jewel Landers and her boyfriend, Chuck, have been a committed couple for 23 years. They live together and have their financial routine down pat.
"Chuck pays the household bills. He pays the mortgage. I pay for everything that comes into the house," said Jewel.
But the fact that the deed to the house is only in Chuck's name is something concerns Jewel.