A marriage contract, also known as a prenuptial agreement, is a contract that outlines how assets and finances will be distributed if the marriage were to dissolve.
Couples who are thinking of getting married will typically draft a prenuptial agreement with the help of a lawyer in order to ensure both parties are protected in the case of death or divorce.
Prenuptial agreements typically outline matters such as:
- Division of property
- Asset distribution in case of death
- Spousal and child support
Cohabitation Agreements for Commonlaw Couples
According to the law, property and assets do not have to be divided equally if the commonlaw relationship were to dissolve. A cohabitation agreement ensures:
- Property will be divided equally
- Spousal and child support obligations are met
- Entitlement to share in the other’s estate in the event of death
Our lawyers have experience drafting marriage and commonlaw contracts that will protect the rights of you and your partner. Give us a call today to schedule a consultation.
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