Information About Windsor Family Law Blog
Recent Posts
Below is a preview of the five most recent posts from the blog Windsor Family Law Blog. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!
- A Court May Discount a Debt That Reduces a Party’s Net Family Property
To determine the equalization payment, each spouse must calculate their net family property, which takes into account the value of their debts and assets on both the separation date and the date of marriage. When a party claims to owe a debt, courts can assess the value of that liability and, in som … Read more »
- A Divorce Late in Life Can Challenge a Spouse’s Financial Independence
A “gray divorce” refers to a divorce or separation that occurs later in life, usually when the spouses have reached the age of 50 or more. While the divorce process does not differ, there are unique financial issues to consider. The parties may experience increased financial stress, as they will oft … Read more »
- How Can the Presumptions of a Resulting Trust Impact Property Ownership?
The law typically holds that gratuitous transfers of property between individuals are not intended to be gifts. Instead, it presumes a resulting trust, where legal title is held for the benefit of the transferor. The Family Law Act modifies the presumption for spouses. However, in each case, when a … Read more »
- Linked Property and Support Claims Can Help Determine Jurisdiction
Divorce can become more complicated when issues cross borders, such as when spouses reside in different countries or have assets outside Canada. In these cases, courts must evaluate whether they can assume jurisdiction over the matter. For Ontario courts to adjudicate certain matters, there must be … Read more »
- Grey Divorce in Ontario: What Happens to Pensions and Retirement Savings?
In recent years, the phenomenon of “grey divorce” (the separation of couples aged 50 and older) has become increasingly common in Ontario and across Canada. While divorce at any age can present legal and emotional challenges, grey divorce raises unique financial considerations. Chief among them are … Read more »