A growing number of couples — particularly ones in which one or both members had been married previously — are opting to live together without being married, but are signing what are known as “no-nuptial” agreements.
A “no-nuptial” agreement is a legally binding document that dictates what would happen to the couple’s assets if they broke up. It is sort of like a “pre-nup,” but without the marriage.
According to a story in the New York Times, more than eight million U.S. couples are co-habitating — living together without marrying.
The story says that most who seek “no-nuptial” agreements have been through marriage and divorce and don’t want that again.
Such agreements usually concern only property and financial assets and either prevent one member from going after the other’s assets or provide security for the lower-earning partner.
Relationship experts aren’t all convinced of the value of such agreements. Some say they can be a good thing for the relationship, while others cite concerns.
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