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No. Unmarried couples living together in Louisiana do not have community property rights. Because Louisiana does not recognize common law marriage, it also does not recognize the right of those couples to split property evenly.
A Cohabitation Agreement usually includes: Full names of you and your partner. Shared address. Move-in date. Information about both shared and separate assets and debts. Delegation of household expenses. Details of any joint accounts used to pay shared living expenses.
A cohabitation agreement is a legal document between unmarried couples who are living together. It sets out arrangements for finances, property and children while you're living together and if you split up, become ill or die. You can make an agreement at any time. It's good to do it before you move in together.
With cohabitation having grown significantly in popularity over the past 40 years Eleanor Macklin (1975) identified four types of cohabitation: temporary casual for convenience. affectionate dating. trial marriage. temporary alternative to marriage. permanent alternative to marriage.
What to include in a cohabitation agreement: Individual assets which belong to each party ? savings, investments etc. Shared assets and debts ? joint property and/or mortgages & loans. The intention of how assets and debts should be divided if the cohabiting relationship ends.
The concept, known as common-law marriage is not recognized in Louisiana. That means the law doesn't see you as a married couple unless you go through the formal process of getting married - which usually involves obtaining a marriage license and having a marriage ceremony.
Both partners must appear before the Clerk of Council with the notarized form and their state issued IDs. Please note, at least one partner must have a Louisiana ID to register for the domestic partnership.
To become domestic partners, neither person may be married, the two may not be related in any way which would bar marriage in this state, and both must be 18 or older.
Of course, each partner should get independent legal advice to ensure the agreement is fair. However, you can save time and money by drafting this document yourself and bringing it to your lawyer for a quick review.
Technically your contract can be enforceable if it is made in writing, signed by both parties and witnessed. However, in order to ensure that your agreement is not challenged by your partner in the future, it is highly advisable that you both receive independent legal advice.