Millions of couples in California and around the U.S. live together (cohabit) without benefit of marriage, civil unions or registered domestic partnerships.
Whether lesbian, gay, bisexual, transgendered or straight, they often share their assets and incomes without any formal or legal arrangements. People enter into these relationships so easily and freely, that they rarely stop to think that such unions can be extremely risky. Let’s look at why, and what you should do about it to protect yourself.