Thursday, November 15, 2007

Shacking Up

More and more couples are deciding to "shack up" rather than remarry when they are fifty years old or older. This is for a number of different reasons, including protecting your children's inheritance and to avoid termination of alimony. Many states have adopted the rule that alimony terminates upon "cohabitation with a member of the opposite sex", but in those states that only have termination of alimony upon death or remarriage, shacking up is a viable and sometimes more lucrative deal.

The following article addresses why a couple would choose to live together rather than marry:

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