How Can I Protect My Cottage During a Divorce?
The division of property during a divorce is a complex issue. While you’re potentially worried about where you are going to live, property used primarily for recreation like your cottage is also going to be important to your future happiness. Here are some tips for protecting your cottage when you’re in the process of getting a divorce: 1. Know Your Advantages According to the...
How is Property Divided Between Spouses?
One of the many tasks that you have to take care of when getting a divorce involves dividing all the property that the both of you have accumulated over the period of your marriage. There are various rules and regulations that make up the law regarding property division, most of which involve the recognition that both members of a matrimonial home contribute equally to the collective wealth...Minority Discount
QUESTION – If I own a small interest in a property or business on the date of separation, do I get any discount from the value of my property when it is valued? ANSWER How the courts determine whether to allow a discount for a minority interest, or marketability restrictions, or both, and how much any discount should be, depends very much on the facts of each case. The courts have wide...Property – Unequal Division of NFP
Are you entitled to an unequal division of net family properties because of the short duration of a marriage? The parties began living together in their jointly owned home in October, 2011; married in June, 2012; and separated in August, 2014. They were married for 25 or 26 months and cohabited for a total of about 34 months. Section 5(6)(e) of the Family Law Act provides for unequal division...Starting the Process of Ending Your Marriage
If you are the one who wants a divorce, you may feel calm, in control, and sure of your decision. Going through a divorce is different from what you experienced breaking up with past romantic partners. A divorce formally ends your marriage. It can be a complicated, lengthy and a harrowing procedure. There will be some emotional pain, potential doubts about your choices, and the challenge of...
by Fine & Associates Child Support, Divorce, Divorce Lawyer Mediation, Family Lawyer, Marital Separation, Marriage, Property DivisionDecember 30, 2014
Married For Over 30 Years & What’s At Risk
After the first ten years of marriage, you felt that you’d made it – gotten through all there was to get through with your spouse. After twenty years of building a life together, you probably noticed how special your relationship was in terms of longevity alone. But at 30 years of marriage, you’re considering getting a divorce. Are You Considering Getting a Divorce? It happens. In fact, it’s...by Fine & Associates Divorce, Divorce Lawyers, Marital Separation, Property DivisionDecember 23, 2014
If I Get Divorced now What Happens to my Pension
Getting divorced after years of marriage is hard on you emotionally, mentally, and let’s face it, financially. Everything you accumulated together as a couple during your married life must now be catalogued, valuated and divided. It’s hard to put a price tag on assets that have so much sentimental value, such as the family home and the furnishings you picked together. At least some assets...by Fine & Associates Divorce Lawyer Mediation, Divorce Lawyers, Marital Separation, Marriage, Property DivisionDecember 16, 2014Property Division Slideshare Presenation
Property Division Guide & Rules For Ontario from Fine & Associates Professional Corporation PROPERTY DIVISION when entering a new relationship or thinking about separation and divorce law, it is important to know your rights, know what you are entitled to if the relationship ends… possible to plan ahead and protect your rights… when entering a relationship not as easy as...How to Calculate Net Family Property in Ontario
For the purposes of providing divorced persons with equal assets, the courts may need the parties to calculate net family property in Ontario. The net family property (NFP) is the amount of each spouse’s assets minus that person’s liabilities and debts. By calculating this amount, the judge can then accurately award the lower income spouse with an amount of property or assets that...