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Civil Partnership Prenup
"I need a Civil Partnership Prenup that protects my tech startup company and assets in both Canada and the US, with my partnership planned for March 2025; my partner and I both want to ensure our separate business interests remain protected while fairly dividing any joint assets we acquire after the partnership."
1. Parties: Identifies and provides full legal details of both parties entering into the agreement
2. Background: Sets out the context of the agreement, including the intended civil partnership and the parties' intention to clarify their financial rights and obligations
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Purpose and Intentions: Clearly states the objectives of the agreement and confirms both parties' intention to be bound by its terms
5. Independent Legal Advice: Confirms that both parties have received independent legal advice before signing the agreement
6. Financial Disclosure: Acknowledges that both parties have made full and frank disclosure of their financial positions
7. Separate Property: Identifies assets and property that will remain separate property of each party
8. Joint Property: Defines how jointly acquired property will be treated during the partnership and upon dissolution
9. Division of Property on Separation: Specifies how property will be divided if the relationship breaks down
10. Support Obligations: Outlines any agreed-upon partner support arrangements in case of separation
11. Dispute Resolution: Sets out the process for resolving any disputes arising from the agreement
12. Amendment and Review: Specifies how and when the agreement can be modified
13. Governing Law: Confirms that the agreement is governed by Canadian law and specifies the applicable province
14. Severability: States that if any provision is found invalid, the remainder of the agreement remains in force
15. Execution: Details for proper execution of the agreement, including witness requirements
1. Business Interests: Protects business assets and outlines how business interests will be treated - include when either party owns a business
2. Inheritance and Gifts: Addresses treatment of inherited assets and gifts - include when significant inheritances are expected or received
3. International Assets: Addresses property and assets held in other jurisdictions - include when parties have international holdings
4. Intellectual Property Rights: Protects intellectual property owned by either party - include for creative professionals or business owners
5. Pets and Animals: Addresses ownership and care of pets - include when parties have or plan to have pets
6. Religious Requirements: Incorporates religious obligations or requirements - include when parties wish to address religious aspects
7. Death Benefits: Addresses rights upon death of either party - include when parties want to address inheritance rights
8. Children from Previous Relationships: Addresses obligations to children from previous relationships - include when applicable
9. Future Business Ventures: Addresses treatment of future business opportunities - include for entrepreneurial couples
10. Digital Assets: Addresses ownership and division of digital assets - include for couples with significant digital holdings
1. Schedule A - Assets and Liabilities of First Party: Detailed listing of all assets and liabilities of the first party at the time of agreement
2. Schedule B - Assets and Liabilities of Second Party: Detailed listing of all assets and liabilities of the second party at the time of agreement
3. Schedule C - Joint Property Schedule: Listing of all property agreed to be joint property at the time of agreement
4. Schedule D - Excluded Property: Listing of all property specifically excluded from division
5. Schedule E - Business Valuations: Professional valuations of any business interests owned by either party
6. Schedule F - Certificates of Independent Legal Advice: Signed certificates from legal advisors confirming independent legal advice
7. Appendix 1 - Financial Statements: Recent financial statements, tax returns, and other financial documentation
8. Appendix 2 - Property Valuations: Professional valuations of significant assets such as real estate
9. Appendix 3 - Supporting Documentation: Additional relevant documentation such as trust agreements or inheritance letters
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