Lawyer: Cohabitation agreements on the rise in millennial relationships

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We’ve all heard about how the pandemic delayed weddings over the last two years. Many right here in the Capital Region had to be postponed because of COVID.

Now with restrictions and regulations being significantly rolled back, 2022 looks to be a big year for nuptials – but maybe not for millennials.

The New York Times recently projected that two and a half million weddings will happen this year – mostly because of those being rescheduled after pandemic-related postponements. They project it’s the highest number of weddings since the mid-1980s. However, the record numbers of nuptials may not continue in 2023.

Jennifer Dominelli of Smith Dominelli & Guetti LLC in Albany says her firm is seeing more and more requests for cohabitation agreements. They are most popular with millennials – who show the lowest marriage rate among generational groups – about 25%.

Dominelli says it’s like a prenup, so if the relationship sours, the details of your departure are already laid out. It’s not romantic, but responsible. It’s often a sort of trial before the walk down the aisle.

Learn more about how this option can be helpful by watching the video of Jerry Gretzinger’s story.