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ARTICLE · 14 FEBRUARY 2017

Marriage Contracts In Ontario

Torkin Manes LLP
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When a couple marries in Ontario, the law impresses that relationship with financial obligations and entitlements that are engaged in the event of a separation.

CanadaFamily and Matrimonial
Adam Black
Adam Black
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When a couple marries in Ontario, the law impresses that relationship with financial obligations and entitlements that are engaged in the event of a separation. Broadly stated, those latent obligations and entitlements are spousal support and sharing of property. While nobody wants to plan for or think about a future separation, a couple may modify the spousal support or property regimes by way of a marriage contract. For that reason, a marriage contract can be an effective tool in a wealth preservation strategy. While people often remark that a marriage contract somehow compromises the romance of a marriage, couples need to recognize that the mere action of their marriage imposes upon them a financial contract. If such a contract is inevitable as a result of marriage, why not ensure you have a contract that is tailored to meet your needs?

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