If you are planning to get married in Regina or Southern Saskatchewan, you may want to consider signing a prenuptial contract with your partner. A prenuptial contract, also known as a premarital agreement or a marriage contract, is a legal document that sets out how you and your spouse will deal with various issues in the event of a divorce or death.
Why do you need a prenuptial contract?
A prenuptial contract can help you and your spouse avoid disputes and litigation in the future by clarifying your rights and obligations regarding:
- Property Division:
- You can decide how to divide your assets and debts, including those acquired before and during the marriage. You can also protect your separate property, such as inheritances, gifts, or businesses, from being subject to equalization or division.
- Spousal Support:
- You can determine whether you or your spouse will pay or receive spousal support, how much, and for how long. You can also waive your right to claim spousal support or limit it to certain circumstances.
- Estate Planning:
- You can specify how you want your estate to be distributed upon your death, especially if you have children from a previous relationship or other beneficiaries that you want to provide for.
How do you make a valid prenuptial contract?
A prenuptial contract is not something that you can draft on your own or download from the internet. It is a complex and binding legal document that requires the guidance of an experienced family lawyer. At Nychuk & Company Law Office, we have been helping couples in Regina and Southern Saskatchewan create fair and enforceable prenuptial contracts for over 30 years. We can help you:
- Understand the legal implications and consequences of a prenuptial contract
- Negotiate the terms of the contract that reflect your needs and interests
- Draft the contract in clear and precise language
- Ensure that the contract meets the formal requirements of validity, such as being in writing, signed by both parties, witnessed by independent witnesses, and accompanied by full disclosure of assets and liabilities
- Review and update the contract as needed to reflect any changes in your circumstances or the law
If you are interested in learning more about prenuptial contracts or want to schedule a consultation with one of our family lawyers, please contact us today. We are committed to providing you with professional, personalized, and affordable legal services.