What should be in my written agreement with my live in boyfriend? If you were going to open a new business with a friend or jointly own real estate or you have joint credit cards, you would most certainly want a written agreement. Living together as an unmarried couple or "cohabitation" as it is called, creates any or all of those events. If you and your boyfriend are going to live together, it is important decide your financial future together. Create a written agreement or at the minimum an outline of your financial future. Spell out in detail how property will be owned while you are together and if you part company, how your property and debts will be divided later.
As an unmarried couple you may acquire lots of things. Most commonly, couples buy automobiles, furniture and furnishings and even sometimes a house or other real estate. If you and your boyfriend separate in the future, regardless of who is at fault, you will need a roadmap to separate your finances and things you have purchased together or separately without going through a long and emotionally draining lawsuit.
Without a written agreement most likely you may never be able to decide what your agreement was when you got together. Think about the most emotionally charged argument you have ever had with someone you love, and add the element that you're going through a breakup, and then find that there are no rules to the game of sorting out the ownership of assets and debts you have acquired during the time you lived together.