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Posts tagged "Divorce"

Managing the challenges of a divorce with a shared business

Couples often have to work out agreements regarding property or dependant children when they divorce, but what about those who share a business together? For farming couples in Ontario, valuable acreage, family legacies and an uncertain industry can make divorce an even more challenging affair for those involved. Understanding the financial situation and having independent legal, financial and emotional support are critical during such an undertaking.

Divorce in Ontario can be non-adversarial

Ontario couples who have decided to end their marriages can choose a path of acrimony or a path of cooperation. There are those who pursue a litigated divorce because they believe that they can fight a battle in court and come out as the winner. The truth is that there are only losers in any divorce, and when acrimony rules it, the children may be the biggest losers.

Spousal support is not guaranteed after a divorce

When a marriage ends in Ontario, there may be questions about spousal support. Although alimony is available, it is not a guaranteed payment or income after a divorce. Every case is handled individually, and if couples cannot come to mutual agreements about spousal support, they may ask the court to determine whether it must be paid, and what the amount will be.

In some circumstances divorce may be unavoidable

Deciding to end a marriage is typically a tough choice to make for any person in Ontario. While many types of marital problems may be resolved through counselling and the will of both spouses to find solutions, some circumstances may only be remedied through a divorce. Although some try persistently to change the ways of erring spouses, certain deep-seated character flaws cannot be improved unless that person wants it to change.

A separation agreement can protect in the time leading to divorce

When married couples in Ontario develop marital problems, they have different options, one of which is to end the marriage. However, a divorce is not a process that is completed overnight; in fact, some divorce procedures can take months or even years to finalize. That will bring about a period of separation for which to prepare.

Divorce and property division can give rise to many questions

Ending a marriage requires meticulous planning, and it is not typically a process to be rushed. It is only natural for most people who are in the throes of divorce to want to hold on to as many assets as possible. Understanding family laws that are applicable in Ontario can ease the process.

Are hockey tickets shared property under Ontario divorce law?

Long before the internet coined the term, "gaming fever," Canadians, past and present, were known for their fervent attachment to ice hockey. Love for this quintessential Canadian sport extends from province to province, its wins and losses discussed interminably wherever fans meet up -- in pubs, workplaces and even in the home. When Ontario couples decide to separate or divorce, the court's decisions about what constitutes shared property may be completely unexpected.

Ontario divorce a life-altering decision for both men and women

Sometimes statistics don't get it quite right. In the recent past, there have been reports that women, more often than men, commence divorce proceedings. Of the two-thirds of married couples who opt for divorce, 69 per cent are initiated by women. The research suggests this dynamic may only be true of couples who are formally married and excludes those who, like many Ontario couples, are living together and for whom legal divorce is not an option.

Understanding excluded property laws can help in divorce

Family law in Ontario regard a marriage as an equal partnership between spouses. When married couples decide to divorce, each spouse's net family property is calculated and compared before a decision about a possible equalization payment is made. At the time of the couple's separation, the assets each party brought into the marriage -- excluding the matrimonial home -- will be taken out after debts and liabilities have been deducted. Each spouse can then receive 50 percent of the marital property along with his or her personal assets and any excluded property.

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