Prenuptial, Postnuptial and Common-Law Cohabitation Agreements
Condering a prenup in Ottawa?
Many couples are choosing to sign prenuptial agreements before getting married or moving in together. In Ontario, we refer to them as "Marriage Contracts" or "Cohabitation Agreements". They allow you to plan for your future, and helps protect you and your partner from potential risk. They are an integral part of any financial plan.
- Protect your assets – A home, your business, a pension or other significant assets
- Protect your interest in your home – You might be investing more into the purchase of a jointly held home than your spouse. Without an agreement, you may not be entitled to any credit for your larger investment.
- Protect your estate plan – This is especially important if you are getting re-married and you have obligations to your former spouse or children from a previous relationship.
- Have some certainty if you are not getting married – The laws regarding property division are different when you have lived together than when you are married, and they are evolving. An agreement provides some certainty.
- To protect your income – You may want to include a spousal support waiver so you know that you will not have to pay support, or you might want one spouse to be provided for.
- Talking to Your Spouse About Prenuptial Agreements
- Why You Should Consider a Prenuptial Agreement
- Sharing Your Matrimonial Home After Separation
- Prenuptial Agreements - Do's and Don'ts
- Why You Should Hire a Lawyer for Your Family Law Contract