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Living Together Contract
"I need a Living Together Contract that protects my pre-existing business assets and clearly defines financial responsibilities, as my partner and I plan to move in together in March 2025, and I own multiple properties and a startup company in Manila."
1. Parties: Identification and details of the cohabiting partners entering into the agreement
2. Background: Context of the relationship and purpose of entering into this living together agreement
3. Definitions: Key terms used throughout the agreement including 'shared property', 'individual property', 'shared expenses', etc.
4. Duration of Agreement: Specifies when the agreement takes effect and how long it remains valid
5. Living Arrangements: Details of the shared residence and living arrangements
6. Financial Arrangements: How shared expenses will be handled, including rent/mortgage, utilities, and daily living expenses
7. Property Rights: Clear designation of individual and shared property, aligned with Articles 147 and 148 of the Family Code
8. Division of Household Responsibilities: Agreement on sharing of household duties and responsibilities
9. Dispute Resolution: Process for resolving disagreements between the parties
10. Termination: Circumstances and process for ending the living together arrangement
11. Governing Law: Confirmation that the agreement is governed by Philippine law
1. Child-Related Provisions: Include if the parties have or plan to have children together, noting that custody matters ultimately fall under court jurisdiction
2. Pet Care Arrangements: Include if the parties have shared pets to address ownership and care responsibilities
3. Healthcare Decisions: Include if parties wish to address medical decision-making rights
4. Business Interests: Include if parties have shared business interests or joint investments
5. Insurance Arrangements: Include if parties wish to address life, health, or property insurance matters
6. Inheritance Rights Waiver: Include if parties wish to explicitly waive any potential inheritance claims
7. Social Media and Privacy: Include if parties wish to address social media posting and privacy concerns
1. Schedule A - Property Inventory: Detailed list of individual property owned by each party prior to cohabitation
2. Schedule B - Shared Property Inventory: List of property jointly acquired during cohabitation
3. Schedule C - Financial Disclosure: Current financial status of each party including assets and liabilities
4. Schedule D - Household Budget: Agreed monthly budget and breakdown of shared expenses
5. Schedule E - Contact Information: Emergency contacts and important reference information for both parties
Authors
Parties
Cohabitation
Effective Date
Shared Residence
Individual Property
Shared Property
Pre-Existing Property
Household Expenses
Common Expenses
Individual Expenses
Income
Bank Accounts
Domestic Partner
Termination Date
Force Majeure
Material Change
Shared Utilities
Personal Effects
Business Assets
Joint Purchases
Separate Debt
Joint Debt
Living Expenses
Contribution Ratio
Household Goods
Emergency Contact
Confidential Information
Property Rights
Dispute Resolution
Duration
Living Arrangements
Property Rights
Financial Obligations
Household Responsibilities
Utilities and Services
Joint Purchases
Individual Property
Shared Property
Income and Expenses
Bank Accounts
Debt Management
Privacy and Confidentiality
Mutual Obligations
Dispute Resolution
Termination
Death or Incapacity
Notices
Severability
Entire Agreement
Amendments
Force Majeure
Governing Law
Warranties and Representations
Third Party Rights
Personal Information Protection
Relationship Status
Social Media and Privacy
Emergency Provisions
Legal Services
Real Estate
Financial Services
Insurance
Family Services
Property Management
Wealth Management
Social Services
Legal
Family Law
Real Estate
Client Services
Document Processing
Wealth Management
Advisory Services
Dispute Resolution
Property Management
Lawyer
Legal Counsel
Family Law Specialist
Notary Public
Real Estate Agent
Financial Advisor
Estate Planner
Property Manager
Social Worker
Family Counselor
Wealth Manager
Legal Document Specialist
Paralegal
Family Law Mediator
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