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 are Legal Costs?
Legal Costs are court costs that are awarded with discretion by the Courts. In Alberta, these costs are well below what you pay to your lawyer for legal services. Legal Costs are set out (the court has the discretion to vary from these guidelines at any time) in Schedule C of the Alberta Rules of Court.
