When a couple decides to separate or divorce, in most cases, they are legally required to divide assets they accrued throughout their marriage by equalizing their net family properties. Determining the amount of assets included in your net family property will have a large impact on resulting equalization payments. However, there are certain assets an …
Read MoreWhen a couple decides to marry, it is important for them to consider how their assets may be divided in the event of separation or divorce. In Ontario, assets like inheritances are treated uniquely under the Family Law Act (“FLA”) and are often protected during the equalization of net family property. However, marriage contracts can …
Read MoreWhen your relationship ends, it can be difficult to navigate your legal entitlements especially if a co-habitation agreement was not in place. Although common-law relationships are treated differently than marriages under Ontario law, property division is still a possibility. Although it’s not automatically guaranteed, there are legal steps a common-law partner can take to divide …
Read More
