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cohabitation agreements and you what do you need to know about a cohabitation agreement well first of all in the States theyre often called prenuptial agreements something you do before you get married here we call them cohabitation agreements because theyre really poor if you get married or you dont get married cohabitation youre living together youre cohabiting together so what does it do it protects you and your assets and it protects your partners assets for themselves in case you things break up down the road now most people wouldnt get into a business arrangement without having these agreements in place and people think well its not very romantic and its bad luck to do that but most people get fire insurance on their houses even though they dont expect a house to burn down they just want that peace of mind so if things go sour down the road you know who gets wiped theres no fighting you know how things are split up theres no fighting you know how debts are dealt with
