We introduce a novel monolithic formulation that employs Lagrange multipliers (LMs) to couple a fluid flow governed by the time-dependent Stokes equations with a poroelastic structure described by the Biot equations. The formulation is developed in detail, and we establish the well-posedness of both the semi-discrete and fully discrete saddle point problems. We further prove the stability of the fully discrete system. This saddle point formulation, which utilizes three LMs, is designed to enable a partitioned approach that completely decouples the Stokes and Biot subdomains, and this approach will be explored in a subsequent work.
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