Transmutation Agreement - DOC by mlz56749


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									                                                               SAMPLE 3 *

                                             Domestic Partnership Agreement

Begin typing here; tab in other appropriate shaded areas., Michigan, and       , of          , Michigan, agree to share living
quarters indefinitely for the following reasons and with the following conditions:


Each of the parties hereby represents to the other:

1. that he/she is not married and has no other domestic partner;

2. that he/she is at least 18 years of age and has the capacity to enter into a contract;

3. that they are not related to one another closely enough to bar marriage in the State of Michigan;

4. that they are in a long-term committed relationship, have been in that relationship since
        date, month, year, and intend to remain together indefinitely; and

5. that they share their residence, have done so since date, month, year, and intend to do so indefinitely.

                                                            Independent Persons

The parties enter their domestic partnership as independent persons and as a natural consequence of their mutual love and
affection without material or economic considerations other than those specified in this agreement. Each of the parties has
achieved a measure of material independence, and each party agrees not to claim any interest in the property accumulated
by the other party before or after the effective date of this agreement, or in any of the income or appreciation derived from
it, except as provided in this agreement.

                                                              Property Rights

The parties hereby define and clarify their respective rights in the property each owned prior to the effective date of this
agreement and in any property they might accumulate after the effective date of this agreement.

1. Each party to this agreement has made to the other a full and complete disclosure of the nature, extent, and probable
   value of all his/her separate property, estate, and expectancies as of the effective date of this agreement. Statements of
   the separate property of the parties are attached as Exhibit A.

2. The parties agree that all property owned by either of them prior to the effective date of this agreement and all income
   derived from it and all increases in the value of it shall remain their respective separate property, except as otherwise
   provided in Exhibit B to this agreement. Each party may acquire other separate property in the future as a result of
   income or proceeds from or increase in the value of her/his existing separate property or by gift or inheritance. The
   parties agree that any transmutation of any of their separate property interests into shared property, other than as set
   forth in Exhibit B, shall be by their express written agreement.

3. The parties agree that the property acquired by the parties from their earnings after today and the earnings themselves
   shall constitute their shared property, in which their respective ownership interests shall be substantially equal.
                                                         Joint Support

The parties agree to be jointly responsible for each other's common welfare, including basic living expenses, and to support
one another for the necessities of life.

                                                         Effective Date

The effective date of this agreement is date, month, year.


1. Notwithstanding anything to the contrary herein contained, the parties hereto may give, devise, or bequeath any of their
   property to the survivor and may make gifts or other conveyances to each other or to third parties at any time.

2. Each party hereby acknowledges the following:
   a. He/she has had a full opportunity to examine this agreement and to confer with his/her separate legal counsel
      concerning the same and is satisfied that he/she has been adequately represented and has had all rights and
      obligations fully explained to him/her.
   b. She/he has ascertained and weighed all of the facts, conditions, and circumstances likely to influence her/his
      judgement herein (including, but not limited to, the financial information set forth in Exhibit A attached hereto and
      incorporated herein by reference), and she/he clearly understands and freely and voluntarily consents to all of the
      provisions hereof.
   c. He/she has entered into this agreement freely and voluntarily after taking into account the advice of his/her own
      legal counsel.
   d. For purposes of the matters set forth above,         has retained and consulted with         Esq., as her/his
      independent legal counsel, and          has retained and consulted with         Esq., as her/his independent legal

3. This agreement contains the entire understanding of the parties. There are no representations, warranties, promises,
   covenants, or undertakings, oral or otherwise, other than those expressly set forth herein.

4. This agreement shall inure to the benefit of and shall be binding upon the parties hereto and their respective heirs,
   personal representatives, and assigns.

5. This agreement is made and executed in the State of Michigan, and this agreement shall be construed under the laws of
   the State of Michigan.

6. This agreement may be amended if both parties so agree in writing. It may not be modified orally.

7. Either party may dissolve the parties' domestic partnership and terminate this agreement by giving written notice to the
   effect to the other party, or by moving out of their shared residence and establishing a new primary residence that the
   parties do not share. Upon such dissolution/termination, the shared property of the parties shall be divided upon a
   substantially equal basis. Neither party shall enter into another such agreement with another person, or shall marry,
   until their domestic partnership has been dissolved and this agreement has been terminated.
IN WITNESS WHEREOF, the parties hereto have executed and delivered this agreement as of the date first above written.

Dated: _____________________________                       /s/_______________________________

Dated: _____________________________                       /s/_______________________________


Dated: _____________________________                       /s/_______________________________

Dated: _____________________________                       /s/_______________________________


On this day of month, year, before me personally appeared  , to me known to be the person described in and who
executed the foregoing Relationship Agreement, and acknowledge that       executed the same as         free act and


Notary Public, ____________________ (county)

My commission will expire ________________ (date)

*Please note that this is a sample agreement. Please consult your own attorney to obtain an agreement that meets your own
needs. Among the issues such an agreement might address that are not included in this sample agreement are: the children
and dependents of the parties, the disposition of the parties' separate and shared property upon the death of either party, the
debts or liabilities incurred by the parties prior to or during their domestic partnership (except through their obligation of
joint support), and the provision of support for either party after the termination of the domestic partnership. The minimum
requirements that a domestic partnership agreement must contain to make the non-employee domestic partner eligible to
receive benefits through Michigan State University are that it must obligate each of the parties to provide support for one
another, and that it must provide for the substantially equal division, upon termination of the domestic partnership, of their
earnings during the domestic partnership and any property acquired with those earnings.
                                                         Exhibit A
(List the property owned by each of the parties on the effective date of the agreement.)
                                                         Exhibit B

(List any property existing on the effective date of the agreement that the parties wish to be jointly owned.)

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