While it is not something most people probably think about leading up to, and at, their wedding, not all marriages make it. When a marriage ends in divorce, there are many things that need to be taken into consideration, including the division of assets. For many people who find themselves…
Ontario divorce law provides that divorcing spouses’ property will be divided down the middle so that each party receives an equal share of assets. The idea is simple, but the reality is that property division in Ontario is far more complex than a 50-50 split, especially with regard to the…
For an untold number of people, divorce results in financial strain. This may be especially true for parents whose marriage is ending. Suddenly you face the costs not only of finding and paying for a new home; many, if not all, of your children’s belongings may have to be duplicated…
If you are going through divorce in Toronto, then it is important to know that the division of matrimonial property involves more than totaling up your cash and other assets. To reach a fair settlement, your divorce lawyer and financial advisors should take an in-depth look at your financial portfolio…
When a couple divorces in Ontario, the law presumes that each party contributed equally to the marriage. This recognition of equal contribution is particularly important in matters of property division. The law also presumes that the value of matrimonial property, which is generally property that was acquired during the marriage…
On a number of occasions, we’ve discussed legal issues that are specific to common-law spouses in Canada. If you are in a common-law relationship, then you are not automatically given the same property rights as couples who are legally married. However, depending on the circumstances, property owned by one common-law…