Not everyone wants to be married. That's fine. Cohabitation agreements create understanding on how partners will handle finances, debts, assets, businesses, during their relationship, after their relationship, and potentially upon death. Creating a cohabitation agreement will provide several benefits, such as protecting your relationship, protecting any children, ensuring fairness, and sparking honest conversations. Cohabitation agreements also create a peace of mind when it comes to handling these issues and creates a sense of accountability despite not having a marital certificate. It's a great sense of protection since cohabitating partners miss out of the benefits that married couples receive.