A marriage contract is a legal agreement between two married persons, or two persons who intend to be married. A marriage contract affords some degree of flexibility in deciding property division and support if (or when, in the case of death) the marriage ends. In Ontario, spouses who do not have a marriage contract will be subject to the default regime of “equal division of property” imposed by the Family Law Act on most family property.
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About the author
Russell Alexander is the founder of Russell Alexander Collaborative Family Lawyers and is the firm’s senior partner. At Russell Alexander, our focus is exclusively family law, offering pre-separation legal advice and assisting clients with family related issues, including: custody and access, separation agreements, child and spousal support, division of family property, paternity disputes, and enforcement of court orders. We have locations in Toronto, Markham, Whitby (Brooklin), Lindsay, and Peterborough.
For more information, visit our website, or you can call us at: 905-655-6335.