Domestic Partnership Agreement Template With Collateral

State:
Multi-State
Control #:
US-02270BG
Format:
Word; 
Rich Text
Instant download

Description

A domestic partnership agreement is a document that explains the contractual legal rights and responsibilities of each partner when a couple decides to form a long-term committed relationship. For example, in a domestic partnership agreement, the partners can determine:


" Whether a particular piece of real or personal property is owned jointly or belongs solely to one partner and how one or both parties took title to that property;

" Whether a gift or inheritance made to one partner is held jointly or individually; and

" How to share income.


In the event of potential disputes or misunderstandings, a domestic partnership agreement can help clarify ownership of property, provide guidance for dividing property in the event of a separation and specify a dispute resolution mechanism such as arbitration. Some states do not recognize the validity of domestic partnership agreements.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

Documentation / Proof of RelationshipPartnership affidavit (as defined by the employer/insurer)Municipal domestic partnership registration.State domestic partnership registration.State civil union license.State marriage license.Marriage licenses issued in other countries.

No. Registered domestic partners may not file a federal return using a married filing separately or jointly filing status. Registered domestic partners are not married under state law. Therefore, these taxpayers are not married for federal tax purposes.

Domestic-partner definition The definition of a domestic partner refers to someone other than a husband or wife with whom you are in a committed, serious and usually permanent relationship. An example of a domestic partner is a man or woman's homosexual life partner.

A domestic partner can be broadly defined as an unrelated and unmarried person who shares common living quarters with an employee and lives in a committed, intimate relationship that is not legally defined as marriage by the state in which the partners reside.

"Declaration of Domestic Partnership." A "Declaration of Domestic Partnership" is a statement signed under penalty of perjury. By signing it, the two people swear that they meet the requirements of the definition of domestic partnership when they sign the statement. Each must provide a mailing address.

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Domestic Partnership Agreement Template With Collateral