In this episode of Let's Talk About Money, Brianna sits down with family law attorney Kimberly Soul to dive deep into the world of prenuptial agreements. Whether you're engaged, in a long-term partnership, or simply curious about protecting your financial future, this conversation breaks down the legal, financial, and emotional aspects of prenups.
Kim explains why prenuptial agreements aren’t just for the ultra-wealthy and how they can serve as a financial safety net for anyone, regardless of their assets. The discussion also covers cohabitation agreements for common-law couples, navigating financial conversations with your partner, and the role of independent legal advice in securing your financial independence. If you’ve ever wondered whether you need a prenup or how to talk about one without ruining the romance, this episode is for you.
Prenuptial agreements outline how assets will be divided in the event of a separation, and they’re not just for the wealthy—everyone should consider one. Understanding your own finances is crucial before having a conversation about a prenup, and for those in common-law relationships, cohabitation agreements offer similar protection. Prenuptial agreements can evolve over time and be revisited as life circumstances change. While they can address asset division, spousal support discussions can still occur even if a prenup is in place. Independent legal advice is essential to ensure fairness and clarity, and it’s also important to recognize that debt incurred during a relationship can become shared debt. Maintaining financial independence, such as having your own bank account, is a key step toward long-term security. Ultimately, a prenup acts as financial insurance, providing peace of mind and clarity rather than distrust.
Love this episode? Share it with a friend and tag us on Instagram!
Book a Call with Brianna:
Schedule your consultation here: https://calendar.app.google/X1Tv2yHfUtSCuRvp8
Connect with Brianna:
Website: https://www.briannagoslinmortgages.com
Join Brianna's Email List for Exclusive Updates:
Sign up here: https://briannagoslinmortgages.myflodesk.com/emailsignup
🔗 Connect with Kim Online: https://www.soulfamilylaw.ca/
📲 Connect with Kim on Instagram: https://www.instagram.com/soulfamilylaw/