Document background
This Prenup Separate Finances agreement is designed for use by parties planning to marry in Canada who wish to maintain financial independence throughout their marriage. It is particularly suitable for individuals with significant pre-existing assets, business interests, or anticipated inheritances who want to clearly document their intention to keep their finances separate. The document must comply with both federal divorce legislation and provincial family law requirements, including mandatory financial disclosure and independent legal advice provisions. It typically includes comprehensive schedules detailing each party's assets and liabilities, certificates of independent legal advice, and specific provisions for handling various types of property and income during the marriage and upon its potential dissolution. This type of agreement is especially relevant in situations where one or both parties have substantial assets, business interests, or complicated financial arrangements that they wish to protect.
