If couples sign a written contract before getting married, then it is a conjugal agreement and if they sign the written contract after they are married, then it is a marriage contract. In Canada, when a couple enters into a similar agreement under the common law, it is called a cohabitation agreement. In addition, marital agreements can also be used to determine the provisions applicable to the surviving spouse after the death of a spouse. The lawyer for the Toronto pre-marriage agreement. Marriages and cohabitations are now an accepted and normal part of the marriage process, especially when one or two partners have a high fortune or if one or two partners were previously married. While no one wants to think about a new relationship or marriage that ends in divorce, it`s important to think about your future. Being smart and preparing for the possibility that your marriage may end will not bring to an end, but having a couple or life pact, if something goes wrong, can save you a lot of trouble and money if it does. At Baker and Baker Family Lawyers, you can learn more about marriages and unions and how to apply for your relationship, contact our marriage contract lawyers in Toronto by email or call us at 416-964-2215. Our team maintains close relationships with financial experts who can help clients identify and evaluate assets to ensure that each marriage agreement reflects their financial situation.
That`s why it`s always important to have a marriage contract. A good marriage lawyer always advises couples to have a marriage contract in Canada. Related: Tip 8. For couples in which one or both spouses bring significant property to a marriage, a marriage contract or marriage is an important part of marriage planning. In the unfortunate case of separation or divorce, it can spare both parties emotional distress and legal costs by indicating in advance their reciprocal obligations. Our marriage contract lawyers in Toronto can help you consider your options, understand your rights and obligations under Ontario family law, and design a well-written cohabitation or marriage agreement that will help you in the event of separation or divorce. When drawing up a marriage pact, you can include a clause stating that the marriage agreement will be null and void in the future at some point. This clause is called the Sunset clause.
At the end of the date mentioned in the Sunset clause, the family law rules apply to your marriage in your province. Your marriage contract may also include a so-called review clause. This clause allows you and your spouse to verify the marriage agreement at some point in the future to see if the agreement is still suitable for your marriage. If this is not the case, you can make the necessary changes to the marriage contract. Prenups apply to same-sex couples. A similar agreement is available for unmarried couples and is called cohabitation agreement.