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Ontario’s Family Law Act provides a formula for dividing the value of assets and debts that were acquired during the marriage. The method is called equalization of net family properties.... Continue Reading...

A spouse’s pension is treated the same as any other asset that a spouse accumulated during the marriage. That means the spouse with the pension gets credit for the value... Continue Reading...

It is not unusual for marriages to suffer because of a family’s financial difficulties, growing debt-loads, a spouse’s loss of employment, the reduction or loss of the wife’s employment income... Continue Reading...

When spouses decide to separate, joint family assets are usually liquidated and divided.  The family home is often the most valuable asset that needs to be addressed.  However, of all... Continue Reading...

In the 2010 case of Dishman v. Dishman, the husband accepted an early retirement buyout from General Motors which had the effect of decreasing his income from approximately $85,000 to... Continue Reading...

The Ontario Court of Appeal in the May 21, 2003 decision of Wylie v. Leclair did not think so. In that case, the parties lived together from 1985 to 2000... Continue Reading...

The old adage “a dollar save is a dollar earned” leads to the real question of how to minimize the financial cost of a divorce. Here are 2 simple tips:... Continue Reading...