How is Family Law Equalization Calculated in Ontario?
In Ontario, one of the most complex parts of a divorce involves the division of property. Equalization payments are designed to allow spouses to keep their personal property and split joint financial assets evenly. While this may seem like a simple fifty-fifty proposition, family law equalization calculations, when not performed properly and legally, can leave one spouse at a significant...
Know These Trial Seperation Stats Before You Try One
Are you considering a trial separation because you believe that you and your spouse need some time apart? Do you think it might make your marriage stronger in the end? Read on to learn more about the research regarding trial separations and their effectiveness. The Cold, Hard Numbers Researchers focusing on relationships have studied how well trial separations work. The results, as it turns...
What to Do When Your Spouse has an Ashley Madison Profile
Ashley Madison has become the household name for unfaithfulness, with the site proudly proclaiming that it is “the most famous name in infidelity and married dating.” And as you may have heard, is the cause of some recent divorces. So it is understandable to be concerned if you find out that your spouse has a profile on the website. But what should you do? 1. Prove it First, secure...
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 to Share a Cottage with Your Ex
While divorce is largely about dividing assets, the post-divorce period often involves some continued contact, particularly in the management of any remaining shared property or social connections. These aspects come together when resolving how to handle continued shared space like a cottage. Here are a few ways to make sharing your cottage easier on you both: 1. Sort out the legal aspect...Settlor of a Trust, Assets & FLA purposes
There is ample case law confirming that the beneficiary of a trust has a property interest for FLA purposes. Black v. Black, O.J. No. 1975, 18 R.F.L. (3d) 303 (H.C.J.); Brinkos v. Brinkos, O.J. No. 1140, 20 R.F.L. (3d) 445; and many others. I have never seen a case where a non-beneficiary of a trust was found to have a property interest in the trust for FLA purposes. In Spencer v. Riesberry,...
How to Stay Friends with Your Ex
Break ups are hard, but losing the friendship of your ex-boyfriend or ex-girlfriend is what makes it so difficult. The reason behind the break up determines whether you will remain friends with your ex or not. It’s easier to continue being friends with your ex if you had a solid friendship before you started dating. The following tips will help you establish a platonic relationship with your...