Individuals who have property, other assets, liabilities, or children from another marriage should consider a prenuptial agreement. This agreement outlines the financial rights and responsibilities of each party during the marriage, and also lays out the distribution of property and assets in the event of a divorce. The preparation of a prenup is a process that needs to be given careful consideration. The agreement can be easily set aside or canceled if it does not follow the rules laid out in the family law legislation. You need an independent family lawyer Toronto to advise you, confirm the agreement, and explain the legal implications before you sign it. For this reason, you should watch out for the following mistakes when preparing a prenuptial agreement.