Family Law Services
A Prenuptial Agreement can help you and your future spouse establish clear expectations around property, finances and support before marriage. It is not about planning for a relationship to fail. It is about making informed decisions while you can both discuss them openly.
Prenuptial Agreements
A Prenuptial Agreement, often called a prenup, is a contract two people enter into before marriage. It typically addresses how property and financial interests will be handled if the relationship ends through separation, divorce or the death of a spouse.
At Richmond Tymchuk Family Law LLP, our lawyers help clients identify the issues that matter most, understand their legal rights and obligations, and prepare agreements that reflect their circumstances and future plans.
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Every couple’s financial circumstances are different. A Prenuptial Agreement can provide greater certainty around how property, assets and debts will be treated if the marriage ends.
Depending on your circumstances, an agreement may address business interests, investments, real estate, inheritances, existing debts and other financial assets. Prenuptial Agreements can also include terms relating to spousal support, although a court may still review support depending on the circumstances at the time of separation.
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A Prenuptial Agreement can have significant financial consequences for both parties. Independent legal advice helps ensure you understand the agreement, the rights you may be giving up and the obligations you are accepting.
Full financial disclosure is also an important part of the process. Our lawyers at Richmond Tymchuk Family Law LLP can help you understand the required disclosure, review proposed terms, and ensure you make an informed decision before signing.
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It is best to begin well before your wedding date. We recommend contacting our lawyers more than three months before the wedding, when possible, to allow time for financial disclosure, negotiation, independent legal advice, and signing.
Starting early also gives both parties more time to consider the terms carefully rather than addressing important financial decisions under unnecessary time pressure.
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If you are already married, you can still create an agreement that addresses important financial matters such as property division and spousal support. Often called a marriage agreement or postnuptial agreement, it can clarify each partner’s rights and responsibilities. Our team can help you identify the issues to address and prepare an agreement that reflects your circumstances and priorities.
Important financial agreements deserve careful consideration. Contact us to discuss your assets, obligations and priorities with an experienced Calgary family lawyer before entering into a Prenuptial Agreement.
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