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Toronto Divorce Advice, Tips & Resources

Which is better for you? Buying or selling your share in the matrimonial home?

If you and your spouse own a home and you’re going through divorce, then you have a number of options to weigh with regard to the property. Should you negotiate to buy your spouse’s share? Or does it make more economic sense to sell your share of the home and access your equity now? While every person’s situation is different, in most cases, buying out the other spouse’s share leads to the most favourable outcome. The buyer is able to avoid the costs of finding…

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What you should know about disclosing income for child support in Ontario

Many divorcing parents in Toronto are able to reach out-of-court solutions with regard to child support. For example, mediation is one form of alternative dispute resolution that can help parents resolve their disputes while staying out of court. However, if you are unable to agree with your spouse about child support, then the best way of establishing a fair arrangement may be to take the matter to court. Parents in this situation are required to provide one another with proof of income, and depending on…

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Hague Abduction Convention: What Canadian parents should know

Getting divorced can be one of the most traumatic experiences a person can go through. Ending a marriage can leave people feeling hurt or angry about the past and scared or confused about the future. These can be difficult emotions for any person, but parents who divorce also have all these same emotions on behalf of their child as well. One of the most troubling fears that parents across Canada may worry about is the potential for a former spouse to violate the terms of…

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Clarifying property rights with cohabitation agreements

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 spouse may be divided with the other if the relationship ends. Whether or not common-law spouses have rights to certain items of property, including the home shared by the spouses, can be clarified with a cohabitation…

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Fair divorce settlement depends on accurate valuation of property

While the general assumption is that matrimonial property will be divided equally between divorcing spouses, the reality is that a truly fair settlement may not be a 50-50 split. In one of our previous posts, we discussed how each spouse’s net family property is figured and how those figures are used to determine which spouse will make the equalization payment. These determinations can be much more complicated when the spouses have acquired significant wealth over the course of a long marriage. Whether you’re dealing with…

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How will your pension figure into your divorce settlement?

There is a fundamental connection between all divorce-related matters, including matrimonial property, spousal support, child support and child custody. An oversight or lack of strategy in one of these areas could affect all of the others, so it is crucial that parties going through a divorce have legal counsel early in the process. If you have a pension, then it may be a particularly complicated asset to deal with in your divorce. The end of a marriage may come with financial issues that have to…

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