Property Division - thumbnail

Marriage The law assumes that each spouse makes equal if different contributions. If the relationship ends, they share the family property equally. Equalization payment Person with greater new family property (NFP) must pay the other spouse half of the difference. Common Law If the relationship ends, no automatic right to equal share of the property.…

Read more
Differences between Married & Common-Law: Married can get a divorce, use the new Divorce Act, and property will be divided evenly. Common-law couples cannot divorce or use the Divorce Act and property division is complicated.

A woman living with her common law partner for many years may think she has equal right to their property, but that might not be the case. There are significant differences in legal rights and responsibilities depending on whether people are married or living common-law. This webinar explores different kinds of intimate relationships, with a…

Read more
roses

Property division after separation depends on whether the couple was married or living common-law. A domestic contract lets a couple set their own terms in their relationship. A domestic contract is a legal agreement. Domestic contracts include cohabitation agreements, marriage contracts and separation agreements. “Pre-nups” are domestic contracts A cohabitation agreement is an agreement between…

Read more
mother holding daughter who looks content

This is the first in a 3-part series on women’s financial rights and responsibilities when a relationship ends. Part 2 looks at determining the date of separation and Part 3 discusses spousal support. Historically, men have tended to manage the family’s money and make the big financial decisions about things like buying a house or…

Read more
thoughtful young woman

Property division for people who are married Marriage is considered to be a partnership, with each spouse making equal, if different, contributions and sharing equally in the family’s property if the partnership ends. This includes property acquired during the years of the marriage that has been paid for by only one spouse or is registered…

Read more