Are pre-nuptial agreements common in Ontario?
Pre-nups, also called marriage or domestic contracts, are a very common step to take before and after a wedding. No one wants to think about divorce when they are getting married. However, divorce is a reality for roughly 40% of Canadian families. Being prepared for the worst can often be the best defense against a messy and expensive proceeding.
There is a common conception that domestic contracts are harbingers of doom and gloom. This is not the case.
The process of drafting a marriage contract can act as form of premarital counseling, forcing couples discuss what kind of marriage they want, and what legal ramifications there will be if one spouse strays. Discussing these important issues will help you face the challenges of marriage together and enable you to learn more about your partner.