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What is palimony? Can a person make agreements about it?

<span style="color: rgb(0, 0, 0); font-family: Arial; font-size: 13px; line-height: normal; white-space: pre-wrap;">What is palimony? And should we make any agreements about it?</span>


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Team Legistify

Palimony is the division of financial assets and real property on the termination of a personal live-in relationship wherein the parties are not legally married. Members of unmarried couples are not legally entitled to such payments unless they've made an agreement about it.Therefore,agreement is important and binding.

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