A prenuptial agreement is a legal contract between couples that protects assets and outlines financial responsibilities before marriage.

In Canada, a prenuptial agreement (also called a marriage contract or domestic contract) is a legally binding document that couples sign before getting married. This agreement clearly establishes how financial matters and property will be handled during marriage and in the event of separation or divorce.

A properly drafted prenup typically covers:

  • Division of property and assets acquired before and during marriage
  • Treatment of family inheritances and gifts
  • Allocation of financial responsibilities during marriage
  • Protection of business interests and investments
  • Handling of debt obligations and liabilities

To be legally valid in Canada, both parties must provide full financial disclosure and obtain independent legal advice before signing. The agreement cannot include provisions about child custody or support, as these must be determined based on the child’s best interests at the time of separation.