What is a Co-Habitation Agreement & Why Do You Need One?

My eldest son recently declared he was moving in with his girlfriend after 14 months of dating to save money together for their future – without a ring or proposal.  I was quite surprised by this announcement since I am definitely an old school mum who believes you should be married or at least engaged to be living together.  But, trying to be more worldly, I have adjusted my archaic dinosaur ways to now realize that this is happening all the time with millennials, (all over the world).  A marriage certificate these days; to some of our younger Canadians, is just a piece of paper.  But as a life longer banker, I am inclined to get my two cents in there with my son since a new “living together relationship” still needs a transparent plan between both parties; and a detailed discussion to deal with the new set of [...]