Cohabitation and marriage agreements serve as essential legal tools for couples who want to secure their rights and protect their interests.
A well-drafted cohabitation or marriage agreement provides clear, legally enforceable terms that protect both parties in the event of separation or divorce. Cohabitation agreements are relevant for couples planning to live together, outlining matters such as property division, financial responsibilities, and potential spousal support in the event of separation.
Marriage agreements, also more commonly known as prenuptial agreements, are legal documents designed for couples prior to getting married: however they may also be established after marriage. A marriage agreement allows couples to establish terms regarding property division, financial matters, potential spousal support, and matters concerning children, including child support and parenting obligations, in the event of divorce or separation
Both cohabitation and marriage agreements can help avoid costly disputes, offering clarity and legal protection for both parties.
Cohabitation & Marriage Agreements in British Columbia
When building a life together, couples often focus on the excitement of the future—buying a home, starting a family, or exploring shared dreams. However, every couple’s situation is unique, and having a cohabitation or marriage agreement can provide clarity and peace of mind. These agreements help prevent disputes and protect both partners’ interests, offering a practical way to address important aspects of your relationship.
Our family law team drafts, reviews, and negotiates cohabitation and marriage agreements tailored to your unique situation. Navigating the complexities of cohabitation and marriage agreements requires experienced legal guidance. Whether you’re just beginning your journey together or have been living as a couple for years, these agreements can establish a solid foundation for a secure and harmonious partnership.
Why Work With a Lawyer For Your Cohabitation or Marriage Agreement?
Working with an experienced family lawyer is essential when creating a cohabitation or marriage agreement. While templates and do-it-yourself agreements are available, they often fail to cover important legal details or meet the strict requirements needed to be valid and enforceable in British Columbia.
A lawyer will:
- Ensure the agreement complies with provincial family law and meets all legal standards.
- Help you understand your rights and obligations so you don’t unintentionally waive important protections.
- Provide clear, customized advice tailored to your unique situation and relationship.
- Draft clear, precise terms to reduce the risk of misunderstandings or future disputes.
- Protect you from unfair terms and ensure you’re entering the agreement voluntarily and with informed consent.
- Assist with negotiations to help both parties reach a fair, balanced outcome.
An improperly drafted agreement can be challenged in court or set aside entirely. Working with a qualified lawyer gives you peace of mind, knowing your agreement is legally sound, reflects your true intentions, and will hold up should it be challenged at a later date.
Our family lawyers have extensive experience drafting, reviewing, and enforcing cohabitation and marriage agreements. We guide you through every step, providing practical, knowledgeable support to help safeguard your future.
What Are Cohabitation and Marriage Agreements?
- Cohabitation Agreements: These agreements are designed for couples in a common-law relationship, outlining rights and responsibilities related to property, debt, and financial support. They are particularly important in British Columbia, where common-law couples may have similar rights to married couples after two years of living together. Cohabitation agreements can also benefit couples moving in together for the first time or buying property together for the first time, helping establish clear terms and expectations.
- Marriage Agreements (Prenuptial or Postnuptial): These agreements outline how property and finances will be managed during the marriage and in the event of separation or divorce. They can also address spousal support and other financial obligations.
Both agreements aim to prevent disputes by clearly defining each partner’s rights and obligations, ensuring transparency and fairness. Our experienced family lawyers can help you draft, review, or enforce these agreements to protect your interests and meet all legal requirements.
Why Consider a Cohabitation or Marriage Agreement?
Discussing financial and legal matters may feel uncomfortable but addressing them early can help couples avoid significant legal and emotional challenges in the future. A cohabitation or marriage agreement isn’t about doubting your relationship, it’s about demonstrating mutual respect and creating a transparent and fair framework for your partnership.
Taking the time to set up a legal agreement reflects care and foresight for both your present and future as a couple. Every couple’s situation is unique, and various considerations may come into play.
Some of the most common reasons include:
- Protect Your Assets: Clearly define ownership of property, savings, or inheritances brought into the relationship.
- Manage Debt: Outline how debts acquired during the relationship will be handled.
- Plan for the Future: Address potential support obligations, ensuring clarity in the event of separation or divorce.
- Prevent Disputes: Minimize misunderstandings and conflict by having a legally binding agreement in place.
Read more about dealing with property and debt here.
What Can Be Included in the Agreement?
Cohabitation and marriage agreements can cover a wide range of issues, including:
- Division of property and assets.
- Responsibility for debts and liabilities.
- Spousal support terms and obligations.
- Rights to inheritance or gifts.
- Financial contributions during the relationship.
Modifying or Reviewing Agreements
Life circumstances can change, and cohabitation or marriage agreements may need to be updated to reflect new realities, such as:
- A significant change in income or assets.
- The birth or adoption of children.
- A change in property ownership.
Our lawyers can help you review and revise existing agreements to ensure they remain relevant and fair.
Cohabitation & Marriage Agreement Lawyers in Port Moody
We have been helping clients across BC from our office in Port Moody for over 20 years and proudly serve clients across the Tri-Cities, the Fraser Valley, and throughout British Columbia.
Do you need help with a legal agreement? Please call us at 604 936 9600, email [email protected] or complete the contact form and we will be in touch.
Cohabitation & Marriage Agreements FAQs
Are cohabitation agreements only for common-law couples?
No, cohabitation agreements are not limited to common-law couples. While they are often used by couples who are not married but live together in a common-law relationship, these agreements can also be created by couples before moving in together for the first time. They help outline rights and responsibilities similar to those found in a marriage agreement.
When should we create a marriage or cohabitation agreement?
Ideally, these agreements should be created before moving in together (cohabitation) or before marriage. However, they can also be established during the relationship to address specific concerns.
Can a cohabitation agreement protect my assets?
Yes, cohabitation agreements can clearly define ownership of property, savings, or inheritances, protecting your assets in case of separation.
Can we modify our agreement after signing it?
Yes, agreements can be updated if circumstances change. It’s important to consult a lawyer to ensure the revised agreement remains valid and enforceable.
Do I need a lawyer to create or review these agreements?
While it’s not legally required, having a lawyer ensures the agreement is fair, complies with BC law, and protects your interests.
Are these agreements legally enforceable?
Yes, provided the agreements meet certain legal requirements:
- Both parties must provide full financial disclosure.
- Both parties must enter the agreement voluntarily, without coercion.
- The terms must be fair and reasonable at the time of signing and when enforced.
Seeking independent legal advice is crucial to ensure the agreement is valid and enforceable under British Columbia law.
Cohabitation & Marriage Agreements Resources