Prenuptial (cohabitation) agreement

Prenuptial (cohabitation) agreements are used to establish the rights and obligations of each party in the event of a separation or breakup with respect to property and spousal support. These agreements are most commonly made to describe the parties’ respective financial interests in jointly-owned property, such as a house purchased together.

For an agreement in Ontario to have the best chances of being enforceable, each person must provide the other with complete information about their income, assets, and debts. If one party fails to disclose important financial information, the marriage contract may be considered invalid. Your lawyer will assist you with the process of exchanging financial disclosure.

Please note that a lawyer can only represent one party to an agreement. It is important, for this reason, and to ensure the validity of the agreement, that the other spouse obtains independent advice from another lawyer before signing the agreement. The cost of doing so is not included in fees paid to Neolegal.