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3 Misconceptions and Myths About Marriage Contracts in Canada

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Disclaimer: This article is only intended for educational purposes and shouldn’t be used as a substitute for legal advice.

Recently tied the knot in Canada? Congratulations! Canada is an excellent country to start a new life with your partner, and this is why fourteen million married people live here. However, before getting married, we suggest you draft an extensive marriage contract to protect your financial assets.

Are you skeptical about making a marriage contract because of the myths and misconceptions associated with it? Continue reading this blog to find out all about it.

Myth1: Marriage Contracts Can Be Only Signed Before Marriage

Even though it’s better to draft an agreement before getting married, you can make a contract afterward too. Unlike prenuptial agreements, you can draft a marriage contract whenever you want to ensure your assets are safeguarded.

However, creating a marriage contract from scratch isn’t an easy task. You need experienced family lawyers by your side who can make a marriage agreement whenever you want.

Myth2: Hiring Marriage Lawyers Isn’t Worth It

Looking to save money by drafting the marriage contract on your own? You can make mistakes while making the marriage agreement and leave loopholes in the contract. You should hire a lawyer who can make a foolproof contract and give you detailed advice on how to make a marriage agreement.

Myth3: Marriage Agreements Are Only For Rich People

Marriage agreements aren’t only for the rich, they’re for any couple that wants to fairly divide the assets amongst themselves. No matter how many assets you’ve got, a marriage agreement can always help you protect them. You can make a tailor-made marriage agreement as per the Canadian marriage law to split all the assets.

A groom signing a marriage contractCan’t make a customized marriage agreement? We recommend you connect with family lawyers who can help you out.

Draft A Marriage Contract By Hiring Family Lawyers In Canada

If you want to draft an extensive marriage contract, hire experienced lawyers from Nanda & Associate Lawyers. We’ve been helping clients make marriage contracts to protect their financial assets since 2003. Our team of family lawyers can analyze your financial paperwork and make an extensive agreement.

We also draft a prenuptial agreement to assist couples in Canada before their marriage. So, what are you waiting for? Reach out to the team at Nanda & Associate Lawyers for more details about our family law services.

 

 

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