Anyone who owns significant property should consider a marriage agreement (or cohabitation agreement for common law couples) prior to getting married or starting a common law relationship. Marriage agreements allow partners to pre-determine property division in the event of future marriage breakdown. Except for Family Law Act restrictions on agreements concerning parental responsibilities, parenting time and child support, they can be used to settle a wide variety of issues. Rather than face the uncertainty of litigation, future spouses can discuss their rights and obligations with and come up with terms both are happy with.
If you are considering a marriage or prenuptial agreement, contact us first to see what your options are. Never prepare a marriage agreement on your own and never use a do-it-yourself kit.
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