Marriage Contract In Ontario
An experienced Family Law Lawyer can help you draft a Prenuptial Agreement that protects your legal rights and financial assets as well as help you and your spouse-to-be in order to avoid or resolve financial disputes before saying “I Do.”
Prenuptial Agreements provide legal and financial protection in the event that a marriage is terminated and the parties separate. The Agreement sets out how the parties wish to resolve their differences if there is a breakdown in the marriage. The Agreement can protect assets that you bring into the marriage and do not intend to share in the increase in value of same with your spouse.
In order to have a valid Marriage Contract, it is advisable for both parties to have independent legal advice and for the parties to disclose all of their respective financial assets and liabilities and express concerns about their finances and how they wish to deal with their finances in the future.
While there may be “do-it-yourself” Prenuptial Agreement forms available online, drafting a Prenuptial Agreement that truly meets the needs of you and your partner should be done by an experienced Family Law Lawyer.
It is never wise to be “penny wise” and “pound foolish”. We have had too many court cases that could have been avoided had the parties drafted a proper Marriage Contract with the assistance of an experienced Fine & Associates Toronto divorce lawyer.