Alberta Prenuptial Agreement

If you're getting married soon and you're an Alberta resident, you and your future spouse should consider signing this Prenuptial (Pre-Marriage) Agreement.

• The purpose of the Agreement is to clearly establish what the rights and obligations of each party are with respect to joint and individual personal property, in the event that the marriage breaks down.
• Assets owned by each party prior to the marriage remain the sole property of the individual party.
• Each party acknowledges that they have no right to the assets of the other party.
• Household and living expenses will be shared proportionally according to income.
• The Agreement will be the sole determinant of the division of property during the marriage and the parties waive their rights under any legislation or under common law.
• You will both have to see a lawyer in order to get independent legal advice about the rights you are giving up before you sign it. If you fail to do that, the agreement will not be legally valid.

It is important to discuss this matter with your partner before you get married. Putting an Alberta Prenuptial Agreement in place is in the best interests of both of you.