A cohabitation agreement is a legal document that outlines the rights and responsibilities of two people who are living together but are not married. In Ontario, cohabitation agreements are becoming increasingly popular, especially among couples who are planning to live together or start a family.
One of the major concerns for many couples who are living together is child support. Child support is the financial support that is provided to the child when the parents separate or divorce. In Ontario, child support is based on the income of the parent who has custody of the child, and it is usually paid until the child reaches the age of 18.
If you are living with your partner and have children, it is important to have a cohabitation agreement in place that outlines how child support will be paid and who will be responsible for paying it. The agreement will also specify the amount of child support that needs to be paid, and it will ensure that both parents are aware of their responsibilities.
When creating a cohabitation agreement, it is important to work with a lawyer who is experienced in family law. The lawyer will be able to guide you through the process and ensure that the agreement is legally binding.
In Ontario, child support is a legal obligation, and failure to pay child support can result in serious consequences, including legal action and even prison time. A cohabitation agreement will ensure that both parties are aware of their responsibilities and that the child`s needs are being met.
In conclusion, if you are living with your partner and have children, it is important to have a cohabitation agreement in place that addresses child support. The agreement will ensure that both parties are aware of their responsibilities and that the child`s needs are being met. Work with a lawyer who is experienced in family law to create a legally binding agreement that will protect your family`s interests.