Prenuptials and Marriage Contracts in Ontario – What Are They All About?
Please note that the information provided herein is not legal advice and is provided for informational and educational purposes only. If you need legal advice with respect to getting a marriage contract or prenuptial agreement in Ontario, you should seek professional assistance. In this article, I thought I’d talk about marriage contracts, which are often referred to as prenuptial agreements (but this is only the case if the marriage has not been entered into yet). What are they? Marriage contracts help parties who are going to get married or who are married arrange their financial affairs in case of a separation. Marriage contracts are made by parties in the following typical situations: * the parties intend to marry each other; * the parties have been married before, have children from previous marriages and want to ensure that their financial affairs will not be affected by the marriage; * the parties are married but one of whom is about to receive an inheritance; * the parties are
