Pre-Nuptial Agreements Calgary

What is a Pre-Nuptial Agreement?

A Pre-nuptial Agreement in Calgary is a contract entered into before marriage by a couple who want to marry. The content of a prenuptial agreement can vary widely, but it commonly includes division of property and spousal support in the event of divorce.

Do You Need a Pre-Nuptial Agreement?

Everyone’s situation is unique. You may need a prenuptial agreement, if any of the following factors apply to you:

• Do you have a significant amount of assets that you have accumulated?
• Do you have an established business that you have built and would like to preserve in the event of a separation?
• Do you expect to receive or have you received a substantial gift or inheritance from a family member?
• Are you involved with a family business or a family farm?
• Is this a second marriage? Do you have obligations arising from children or a spouse from a previous marriage?
• Do you and your intended spouse have different levels of risk tolerances when it comes to managing and investing your finances?

Many couples fear that discussing these questions and obtaining a Prenuptial Agreement could ruin their relationship. The idea of discussing the subject with your intended spouse may create fear and apprehension. However, in reality, exploring this question lays the groundwork for an open and honest discussion about how you think your finances should be managed during marriage. As well as how you want your property and finances divided if you separate or divorce. 

Beryl McNeill, a trained Collaborative Family Law lawyer, facilitates open and honest discussions about these issues and will help you create a prenuptial agreement tailored to your situation.