What is a Cohabitation Agreement?
A cohabitation agreement is a legal tool that allows couples to set their own terms and protect their individual assets, rather than relying on default provincial laws.
Do You Need a Lawyer for a Prenup?
A prenup (short for prenuptial agreement) in Canada is a legal contract made between two people before they get married, outlining how property, assets, debts, and sometimes spousal support will be handled if the relationship ends.
Why Prenups, Postnups, and Cohabitation Agreements Are a Smart Part of Your Financial Plan
When you think about financial planning, you might picture RRSPs, TFSAs, or paying off debt. But if you’re in a serious relationship—or planning to be—there’s one essential tool most people overlook: a relationship agreement.
Why a Prenup or Cohabitation Agreement Should Be Part of Your Homebuying Checklist
Buying a home with your partner is one of the biggest financial decisions you’ll ever make. But while you’re busy comparing mortgage rates, scouring listings, and planning for move-in day, there’s one more box you should check off: a prenup, postnup or cohabitation agreement
Postnuptial Vs Prenuptial
In Canada, prenuptial agreements (prenups) and postnuptial agreements (postnups) are legal tools that help couples establish financial expectations while they are together and protect their assets in case the relationship ends in the future.
What Is A Prenup?
A prenuptial agreement, commonly called a prenup, is a legal contract signed by two people before they get married. It outlines how assets, debts, and financial responsibilities will be handled during the marriage and in the event of a separation or divorce.
I’m in a queer relationship. Can I still get a relationship agreement?
Yes, absolutely! In Canada, relationship agreements are available to couples regardless of sexual orientation or gender identity. Whether you’re in a same-sex relationship, a heterosexual relationship, or any other type of relationship, you have the option to create a relationship agreement to establish legal and financial arrangements that suit your needs and protect your interests.
How to Navigate Property Division in Your Relationship Agreement
Property division is an important part of any relationship agreement, as it determines how assets and liabilities will be distributed in the event of a breakup or divorce. Understanding how property division works and knowing what to include in your agreement can help you protect your assets and streamline the process in case your relationship ends. In this blog post, we’ll explore some essential tips for navigating property division in your relationship agreement.
Spousal Support Simplified: What You Should Know When Creating Your Prenup or Cohabitation Agreement
Spousal support, also sometimes called alimony, is a critical aspect of many relationship agreements, especially for couples with significant differences in income or where one partner is financially dependent on the other. Understanding how spousal support works and what factors are important in deciding what kind of support is appropriate can help you negotiate fair and reasonable terms in your agreement. In this blog post, we’ll simplify the concept of spousal support and explore what you should know when creating your relationship agreement.
What happens if I divorce my partner and I don’t have a prenup?
In Canada, if you don’t have a prenuptial agreement (also known as a prenup) and you get a divorce, the division of assets, debts, and other matters will generally be governed by the laws of the province or territory where you reside. Canada has a “no-fault” divorce system, which means that the reasons for the divorce typically do not affect how property and assets are divided.