031: Part 2 – How A Cohabitation Agreement or ‘Prenup’ Can Save You $1000s

Stephane MonPremier is my guest this week. He is a Lawyer who specializes in family law.


Stephane MonPremier graduated Magna Cum Laude from the University of Ottawa with a bachelor in sociology. He then went onto to Law School at the University of Ottawa (French Common Law Program), where he graduated Cum Laude in 2000.In February of 2002, Stéphane opened his own law practice in downtown Ottawa where he began practicing in association with a group of eleven other lawyers. His practice is focused on family law litigation, and wills/estates law.

Kyle and Stephane talk more about cohabitation agreements; Stephane shares some examples of situations that would not have happened had there been an agreement, and why it’s useful in a death or disability situation.


Key Points (Click the timecode to go to that part of the interview)

  • [2:55] I’m a big fan of mediation. Save the money for yourself.
  • [4:25] Without a doubt, I think cohabitation agreements is the service I provide that gives the greatest benefit.
  • [8:00] A lot of parents don’t know their rights and how to protect their interest when they are helping their child get a home.
  • [15:30] Many lenders require a ‘gift letter” to prove that the money is not a loan.
  • [20:30] A cohabitation agreement is a lot like talking about insurance. No one wants to talk about it, but if you don’t do it you will end up with more costs and problems in the future.
  • [21:50] If you’re trying to protect something of value, do it properly.
  • [25:00] 2 other parts of a cohabitation agreement are; death and disabilities. Stephane shares examples where these fit into a cohabitation agreement.
  • [28:50] Is a cohabitation agreement part of the will or is it above the will?
    • A will only takes effect when someone dies. It won’t help in the situation where someone becomes disabled.
  • [33:40] What’s the best piece of real estate advice you have ever received.
    • Buy the building you work in.


Contact Stephane MonPremier

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