If you and your loved ones want to have more security about how your property and finances will be handled in the event of a separation, it is especially important that you have an experienced family law lawyer in Alberta who assists you. Due to the fact that the law is very complex in this area, you need legal advice for your specific situation; and requiring a lawyer with experience in family law to establish a concubine agreement that is more likely to be applied in Alberta. Alberta judges often do not impose a concubine agreement when it has been misformed; or if they find that the parties have not understood the full legal effects of the agreement they have signed. Any couple fulfilling the qualifications of an adult interdependent relationship should have a concubine agreement. It is in the interest of both people in the relationship to have this legal protection. If the two people living together are in a relationship and intend to marry or enter into a life partnership, they should also consider a marriage contract. A cohabitation contract applies to people who are not married for as long as they cohabit, but only a marriage can influence the situation between two people who have entered into a marriage or a life partnership. While a simple concubine agreement may be enough to protect your interests, anyone could benefit from professional support. A lawyer can help design an agreement that complies with local laws and meets potential commitments related to cohabitation. Talk to an experienced family law lawyer before signing.
Concubine agreements define all the rights and obligations of two persons whose relationship can be considered dependent on the adult. Most of the time, these agreements determine who receives what and pays for what in the event of separation. However, you can also set rights and duties during the relationship. A concubine agreement is a legally valid document in Alberta between two people in a common law relationship or what is legally referred to as an “adult dependent relationship.” It follows many of the same principles of a “marriage contract.” (b) the person has entered into an interdependent adult partnership agreement with the other person in accordance with Division 7. The elements contained in concubine agreements are very similar to marriage contracts. Everything that is legal can be included, but most often these are the points: the only way for 2 people related to each other – by blood or adoption – to become adult interdependent partners is to sign an adult partnership agreement that depends on each other. A concubine agreement aims to protect both partners in a relationship and avoid as many conflicts as possible in the event of separation. The agreement can be used to describe and define: the appeal of concubine agreements is the peace of mind and legal protection they provide. Many people have experienced separation without a concubine`s contract and want to avoid the legal complications that come with it.
In the absence of a concubine agreement, your partner may have a legal right to certain common assets, or you may be considered the owner of some of their debts incurred as part of the relationship. The agreement defines the division of ownership and debt in order to avoid the potential for litigation. They can also prevent a partner from taking unfair advantage of their relationship with the other. For example, if the house shared by both is undergoing a renovation to which both partners have contributed, then both partners have some right to value in the house.