When a long-term relationship comes to an end, the assets the couple shares often need to be divided. This is true regardless of the whether the couple was ever married. While some items are easy to divide, if a couple that has a common-law marriage, the matter may be complicated. Before the assets can be divided, however, it must first be established that the couple…
The Ontario based adultery website, AshleyMadison.com, has recently been the victim of a cyberattack that has grabbed the attention of many news media outlets. The hackers have threatened to publish the confidential customer information of the website’s users – many have raised the spectre of a spike in divorce rates if this threat is carried out. What do such revelations of adultery really mean for…
In most cases the divorce process is a trying time in someone’s life. This is usually true regardless of the age of the parties divorcing, the assets they have accumulated and whether children are involved. While every divorce is of course different, there are some generalities that can be applied to certain demographics of divorcing couples. For example, while couples with young children may be…
As we mentioned in our last post the matrimonial home can factor greatly into a divorce. While the way a divorcing couple handles the sale of the home can have a financial bearing on a divorce settlement—regarding the division of assets—it may also impact things that you have not taken into consideration. Specifically, who has possession of the asset can be very relevant. For example,…
While it is not something most people probably think about leading up to, and at, their wedding, not all marriages make it. When a marriage ends in divorce, there are many things that need to be taken into consideration, including the division of assets. For many people who find themselves in this situation the most valuable asset that needs to be considered is the family…