Document background
A Cohabitation Prenuptial Agreement is essential for unmarried couples in Canada who wish to establish clear legal and financial arrangements for their domestic partnership. This document is particularly relevant given the increasing prevalence of common-law relationships in Canada and the varying rights afforded to unmarried couples across different provinces and territories. The agreement typically addresses property division, support obligations, debt management, and other financial matters, providing certainty and protection for both parties. It should be drafted in compliance with the relevant provincial/territorial family law legislation and requires independent legal advice for both parties to ensure enforceability. The document can be especially important for partners with significant assets, business interests, or children from previous relationships, as it helps prevent future disputes and provides a clear framework for financial arrangements during cohabitation and in the event of separation.
