The team at Gelman & Associates is excited to be partaking in Canada’s Bridal Show at the Metro Toronto Convention Centre in Toronto this weekend. The show, which runs from today through Sunday is described as the largest and most prestigious bridal show in Canada, bringing in thousands of people over the course of the weekend.
Attendees at the show can talk to vendors and experts about all things related to their upcoming marriage, including cakes, dresses, tuxedos, and more. Why would a law firm take part in a bridal show you ask? We’re hoping to educate couples about the legalities and consequences of prenuptial agreements, wills, and blended families.
Marriages or unions of blended families are on the rise in Canada. Many people may not be aware of some of the specific rights and obligations that may arise from blended families. Some of the considerations blended families need to consider are financial support that may be provided or received by one of the adults in the relationship. Family assets may change, which could have an impact on the resolution of a previous relationship. Custody agreements for children born in a previous relationship could be change as well, as the children may spend more or less time in the blended family. Furthermore, one or both parents may see a change in their rights and responsibilities of the other partner’s children.
Having a current and valid will is one of the most important steps a person can take in their lifetime. A will provides you with control over your assets as well as how your children, spouse, or other family members are taken care of when you pass. While this is never a fun thing to discuss, there is great comfort and security in knowing that you have properly prepared for your family’s future. We’ve assisted thousands of clients with planning for their future, including drafting wills. We look forward to talking to attendees about the importance and considerations of a carefully drafted, up-to-date wills.
While it’s not fun to talk about, 50% of marriages end in divorce. While we don’t like to think about it, it’s important for people to protect themselves before entering a marriage. A marriage contract, or prenuptial agreement, is an agreement about what will happen to each partner’s assets in the event that a marriage breaks down. We help our clients draft and enforce marriage contracts and will be talking to couples about the importance of taking such a step when getting married.
We look forward to meeting people at the show. If you can’t make it, but still want to discuss your marriage, please call us at 844-769-0737 or reach us online to schedule a consultation today.