What can a prenuptial agreement cover in Ontario?
A prenup in Canada is a legal document that outlines an agreement between a married couple concerning their rights and obligations. But what issues or provisions go into a prenuptial agreement? A prenup can protect almost anything of value. Working with a marriage lawyer in Toronto and other cities in Toronto is an excellent step. It can help ensure all essential matters are discussed and written in compliance with Ontario’s Family Law Act . When entering a prenuptial agreement, you and your future spouse can include the following stipulations. OWNERSHIP OR DIVISIONS OF PROPERTY One of the issues married couples deal with in divorce or separation is determining how to divide their assets. Division of property can be complex, but a family lawyer can help you explore your options. Without a marriage contract or prenuptial agreement, their property will generally be allocated based on the laws of Ontario . Married couples are automatically ent...