Category: Postnuptial Agreements
Divorce Lawyers and Postnuptial Agreements
Key Issues Commonly Addressed in Postnuptial Agreements
Division of Property and Equalization of Net Family Property
Ontario does not divide property item by item on separation. Instead, spouses are subject to an equalization of net family property (NFP), which compares each spouse’s increase in net worth during the marriage.
Postnuptial agreements often address:
- How net family property will be calculated
- Whether certain assets will be excluded from equalization
- Adjustments to account for unequal contributions
- Treatment of property acquired after the agreement is signed
Treatment of the Matrimonial Home
Postnuptial agreements may address:
