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COHABITATION AND PRENUPTIAL AGREEMENTS in winnipeg
Winnipeg Family Lawyers Well-versed in Drafting Cohabitation and Prenuptial Agreements
Reliable family law counsel for clients throughout the province of Manitoba
Entering into a serious relationship or marriage is a major life event. For some, having a cohabitation or prenuptial agreement can act as a safety net in the event that something should go terribly wrong. At Visionary Law, we have drafted a wide range of cohabitation and marital agreements for a variety of clients in Winnipeg.
We recognize that depending on your assets, your agreement may be highly complex. Rest assured that our reputable legal team is prepared for the challenge regardless of the size of your estate.
What is a cohabitation agreement?
A cohabitation agreement is an agreement signed by common-law spouses to establish the property rights of each partner in the relationship. As of June 30, 2004, all laws in Manitoba regulating property rights of married couples are also applicable to common-law partners. This means that if a common-law couple separates, each partner is entitled to half of the matrimonial/family property.
Our firm can help you draft a comprehensive cohabitation agreement that details exactly how you and your common-law spouse would like to divide your assets. Keep in mind that, in Manitoba, if you register your common-law relationship with the Vital Statistics Agency, all the major property laws that apply to married couples immediately apply to you as well.
What is a prenuptial agreement?
In Manitoba, The Family Property Act governs how property is divided between married spouses who are seeking a divorce. Under the Act, a prenuptial agreement is considered a “spousal agreement.” Provincial law allows for a spousal agreement to exclude all or some of The Family Property Act, for all or some of a couple’s matrimonial property and assets.
Contrary to popular belief, prenups are not just for the ultra-rich. In fact, a prenuptial agreement has many benefits including:
- Addresses debt obligations for both parties
- Business protection
- Details spousal support obligations in the event of divorce
- Offers protection for a specific asset
- Reduces pressure on the relationship
- Avoids contentious legal battle if divorce occurs
- Make special provisions for blended families
- Helps a couple focus on their relationship and not their assets
Regardless of why you are interested in getting a cohabitation or prenuptial agreement, it’s in your best interests to consult with an experienced lawyer. At our firm, we listen patiently to your goals and objectives. Then, we work closely with you to draft a comprehensive agreement that accurately reflects your wishes in a manner that is clear and easy to understand.
Contact our Winnipeg prenuptial agreement lawyers today
Visionary Law provides strong representation to couples seeking cohabitation and prenuptial agreements throughout Manitoba. For more information on our services, or to schedule a initial consultation with one of skilled lawyers, call (204) 515-6020 or fill out the form below.
Request a 30 Minute Initial Consultation
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