A separation agreement is a written contract that outlines how couples who have decided to go their separate ways will deal with their issues. Even if you and your partner agree on how you will move forward with your separation, it is still important for you to have a separation agreement in place. A separation agreement can be used by married couples and those in common-law relationships. Married couples cannot get a divorce by creating a separation agreement.» Read more about: How to Create a Separation Agreement » Read more 4 mins read
If you are filing for a divorce in Toronto, you may be wondering how long it will take. The time the process will take is dependent on the circumstances of your divorce and whether it contested or uncontested. While every divorce is different, uncontested divorces are usually finalized much quicker than ones that are contested.What is the difference between an uncontested and a contested divorce?
In an uncontested divorce, a couple agrees to a divorce as well as all the terms of the divorce.» Read more about: How Long Does it Take to Get a Divorce in Toronto? » Read more 6 mins read
If you are separated or separating from your spouse, you may be wondering what your next steps should be. Here are some things you can do to make this transition a little easier:1. Take a breath
Many people make decisions they later regret during or after separation because they fail to seek sound advice or take time to consider their options carefully. Instead of acting impulsively, take some time to plan and give serious thought to the decisions you must make.» Read more about: Steps to Take After Separating From Your Spouse » Read more 5 mins read
When to consider the Standstill Agreement. With many individuals getting married later in life, after having established their careers and accumulated some wealth on their own, it is not uncommon for couples to want to enter into a Marriage Contract.
Marriage Contracts can outline how you want to deal with property and support issues in the event of a breakdown of your marriage by, for example, providing that there will be no spousal support payable or by excluding certain assets from division of property.» Read more about: When You Run Out Of Time, Consider a Standstill Agreement » Read more 3 mins read
Can a couple share a divorce lawyer? You’ve made the decision to get a divorce, now its time to find a divorce lawyer. There’s the one you’re considering, but you discover your spouse has already retained that lawyer’s services. Now you are wondering whether you can still use the same lawyer for the divorce. The answer is no. You cannot share a divorce lawyer with your spouse. Here’s why:The law prohibits spouses from sharing a divorce lawyer
The code of professional conduct that governs the legal profession prohibits a divorce lawyer from representing both spouses in a divorce.» Read more about: Can a Couple Share a Divorce Lawyer? » Read more 5 mins read
To determine how assets will be divided in the divorce, you, your spouse and your respective legal counsel will need to know what those assets are. Disclosure is the process by which all parties get information regarding the other’s income, assets and debts. It is crucial that all parties are honest and forthcoming with financial information if they want to reach a fair divorce settlement quickly.How to exchange financial disclosure
Usually, disclosure is a voluntary process that is done by filing a Notice to Disclose.» Read more about: What is Disclosure in a Divorce? » Read more 6 mins read