3min chapter

Money Feels cover image

15: Mixing Love and Money

Money Feels

CHAPTER

Is It Important to Keep Your Accounts Separate?

The general role in Canada is all assets accumulated within the marriage are going to be split 50-50. Even if you're partner only contributed to their RSP and no one ever put any money in your TFSA or RSP, you're still technically entitled to half of that money. So even if you don't have a prenuptial, you will still be entitled to things. And it really is worthwhile to pay a few hundred dollars or a few thousand dollars to sit down with a lawyer if you're protecting multi-five, six, seven figures of money.

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