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Premarital, Cohabitation, and Separation Agreements

No one wants to consider that their marriage or common-law arrangement will end, however a premarital or cohabitation agreement offers more then a roadmap to ending your relationship. It also offers a framework for handling money and property issues as you start your lives together.

All marrying couples have a ‘prenuptial agreement’. It’s called ‘divorce law’. A customized premarital and / or separation agreement allows you and your partner to take control of your affairs rather than leaving them in the hands of the government.

Common-law relationships are quite common, yet people don’t know or misunderstand their rights in this type of arrangement. Having a cohabitation agreement ensures everyone concerned understand their rights and are protected.

Some reasons to consider a premarital, cohabitation or separation agreement:

  • If one of you have significantly greater assets than the other.
  • One of you earns more money or you intend one partner to stop working to raise your family.
  • If it’s not the first marriage for one or both of you. An agreement is particularly important when there are children from previous relationships. A prenuptial agreement can ensure that your estate planning is effective and that your assets are distributed according to your wishes.
  • One of you has a high debt load
  • One of you owns a business. If the relationship ends the business might be considered a ‘joint asset’ without a premarital or cohabitation agreement in place.

Ensure your rights, and those of your family, are protected.

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The information on this site is strictly for informational purposes. Nothing on this site is intended to be considered legal advice.
If you have a legal issue, you should contact a lawyer for advice regarding your own individual situation.
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