Fast Facts about Prenuptial Agreements and Interdependent Partner Agreements
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#1: Everyone who has property of value prior to entering into a marriage-like relationship should consider entering into a prenuptial agreement.
#2: An Interdependent Partner Agreement shows your financial commitment to each other.
#3: A prenuptial agreement has to be completed prior to entering into a marriage. If you enter into a prenup after marriage, the distribution of assets will be different.
#4: Even if you are only entering into a cohabitation agreement, there is value in having a prenuptial agreement.
#5: Protect your interests by ensuring you get legal help before signing a prenuptial agreement.
#6: Prenuptial agreements should be drafted by a skilled Family Law lawyer to avoid being at risk of losing assets you are trying to protect.
#7: A pre-nup is like an insurance policy; it ensures your assets remain yours when traumatic events happen.
You have questions about Alberta law. We have answers.
Q: What is Collaborative Law?
Collaborative law is an out-of-court proceeding that treats divorce or separation as a process of trial and error and problem solving, not a process where one side wins and the other loses. Both parties retain separate attorneys who help them settle disputes. If any of the parties decide to go to court, the collaborative law process is terminated and both attorneys can no longer be involved in the case.