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Everybody hopes that the serious relationship they are in will last.  Sadly, many do not – nearly half of all marriages and an even greater share of unmarried relationships end.  For this reason, it is smart to think about how the end of the relationship would be handled by both parties if it were to happen.  A formal agreement that summarizes each persons legal obligations to the other about the end of a relationship, should it happen, is referred to as a cohabitation agreement (if the couple is not married) or a marriage (or prenuptial) agreement  (if the couple is married). 

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