Prenuptial & Cohabitation Agreements

If you are a couple who are contemplating marriage or moving in together, a domestic contract
that sets out the financial arrangements between you during the relationship and at the time of separation is always in your best interests.

 

A domestic contract can set out the rights and responsibilities of each person during the
relationship and in the event of a breakdown of the relationship. Cohabitation agreements are
for couples who are living together without getting married, and should be redone in the event of a marriage.

 

A domestic contract, often called a prenup, can be used to protect property you own at the
start of the relationship from division or equalization, to protect inheritances or family gifts received in the course of the relationship or to protect business interests. Some agreements may set out expectations around support in the even to of a breakdown in the relationship but there are limits around what type of waivers of support a domestic contract can bind the parties to in the future.

 

Entering into a prenuptial agreement requires full financial disclosure of your income, assets
and debts, a careful consideration of the intentions of both parties and a well-drafted agreement that integrates with your financial and estate plans. Berry Family Law will walk you step by step through the processes of negotiating and entering a domestic contract that protects your future and enhances your relationship.