Are you making wedding plans? Are you looking forward to spending the rest of your life with your soon to be spouse?Although you have every intention of staying together forever, you never know what the future holds. For this reason, you may want to consider creating a marriage contract. As long as this is something you and your partner are okay with, it's an idea to consider before your big day arrives.
There are many benefits of a marriage contract, including the fact that it provides a high level of protection in the event that you decide to split in the future.
In short, you can use a marriage contract to implement rules regarding property division in the event of a separation. Again, you may not think that this will ever come into play, but tens of thousands of people divorce every year in Canada.
Note: A marriage contract can also work in your favor if your spouse passes on.
Of course, there is one major concern regarding a marriage contract: asking your partner if they are on board with the idea. You need to explain that this is beneficial for both parties, not just you.
If you have any questions regarding a marriage contract, including the benefits and how to create this agreement, you have come to the right place. We are more than happy to review a person's situation and help them decide what to do next. We know what it takes to help create the right type of marriage contract.