Blog Category: Property Division
Property division can raise multiple questions and concerns
Ontario people who are married and considering divorce may have many questions. Although scores of answers could be forthcoming from friends and family, it may best to seek legal guidance.
Property division and other divorce issues should not be rushed
Ontario residents who are considering divorce might feel that getting it finished as quickly as possible will limit the trauma and stress that typically go hand in hand with ending a marriage. However, rushing the process may have the opposite effect, because important issues may be left unaddressed that might be more difficult to resolve […]
The housing market can affect how the marital home is handled
Who gets to keep the house? That is a question that is asked often in divorce cases in Canada. The answer isn’t one that is always simple. Typically, the couple’s assets are divided during the divorce. Even if only one spouse’s name is on the deed, both spouses usually get half of the equalization of […]
Can you be too polite when tip-toeing around the money topic?
Canadians have a reputation for being unfailingly polite, in contrast to our often-brash neighbours to the south. However, could we be too polite at times? Perhaps so, according to one online survey by CIBC of 1,047 Canadians who participate in Angus Reid Forums. Findings suggest that almost all couples think that discussing finances openly prior […]
Common law spouses face unique challenges during a split
Have you and your partner lived in the same home for at least three years? If so, you may not realize that you are now considered to be part of a common law relationship. If you are in this type of relationship, it’s important that you understand your legal rights. This doesn’t mean that something […]
Address these property division questions early on
Just because you are going through divorce does not mean you can sit back and feel bad about your situation. There is no denying the fact that you will look at the past and wonder what went wrong, but now is also a good time to look at the future. Here is something to consider: […]
Debt sharing as a result of divorce
As you prepare for the divorce process, you realize it is only a matter of time before you have to discuss matters of property division. During this time, you will think long and hard about what is to be divided and how to get what is owed to you. While the division of assets is […]