For Part 2: ua-cam.com/video/JRb_jFp_uHs/v-deo.htmlsi=loOt5-oSNVb57b55 𝗧𝗼𝗽𝗶𝗰𝘀 𝗗𝗶𝘀𝗰𝘂𝘀𝘀𝗲𝗱: 0:00 - Intro 0:22 - What happens when you divorce or separate? 1:20 - Difference between between Married and Common Law couples in separation 3:29 - Net Family Property (NFP) Calculation 4:44 - Equalization Payment Calculation Case - No Prenup 6:47 - Common Law Couple Case: Constructive Trust Claim 12:05 - How is Child Support Calculated? 13:01 - How is Spousal Support Calculated? 14:05 - Is a prenup needed if we have similar net worth? 18:49 - What happens if your partner doesn’t want a prenup? 22:33 - Negotiating Spousal Support in a Prenup 24:37 - Differences between divorces with and without prenups?
I understand that Derek's mortgage-free condo is not the matrimonial home. However, if it were, it would be subject to a 50/50 division. My question is, if Derek purchased the condo with borrowed money from his father, who then placed a lien on the property before Derek got married or entered into a common-law relationship, would Derek still be obligated to repay his father in the event of a divorce? More generally, is a lien an effective tool for protecting property? thank you in advance!
Super interesting, thank you. I've watched this as someone living in BC and believe in this province there were changes to the family act in 2013 that enable division of property in common law relationships, meaning you do need a cohabitation agreement to steer clear of this. At least that's my understanding. I would really really stress that this advice is province-specific to Ontario.
Hey thanks for the BC changes - I'm providing the link to the Government of BC website that cites this for others who happen to be from BC as well: www2.gov.bc.ca/gov/content/life-events/divorce/family-justice/family-law/dealing-with-property-and-debt/common-law
For Part 2: ua-cam.com/video/JRb_jFp_uHs/v-deo.htmlsi=loOt5-oSNVb57b55
𝗧𝗼𝗽𝗶𝗰𝘀 𝗗𝗶𝘀𝗰𝘂𝘀𝘀𝗲𝗱:
0:00 - Intro
0:22 - What happens when you divorce or separate?
1:20 - Difference between between Married and Common Law couples in separation
3:29 - Net Family Property (NFP) Calculation
4:44 - Equalization Payment Calculation Case - No Prenup
6:47 - Common Law Couple Case: Constructive Trust Claim
12:05 - How is Child Support Calculated?
13:01 - How is Spousal Support Calculated?
14:05 - Is a prenup needed if we have similar net worth?
18:49 - What happens if your partner doesn’t want a prenup?
22:33 - Negotiating Spousal Support in a Prenup
24:37 - Differences between divorces with and without prenups?
@22:29, Even if she signed the agreement the night before the wedding, it could still be invalidated in court due to claims of 'pressure and duress
I understand that Derek's mortgage-free condo is not the matrimonial home. However, if it were, it would be subject to a 50/50 division. My question is, if Derek purchased the condo with borrowed money from his father, who then placed a lien on the property before Derek got married or entered into a common-law relationship, would Derek still be obligated to repay his father in the event of a divorce? More generally, is a lien an effective tool for protecting property? thank you in advance!
Super interesting, thank you. I've watched this as someone living in BC and believe in this province there were changes to the family act in 2013 that enable division of property in common law relationships, meaning you do need a cohabitation agreement to steer clear of this. At least that's my understanding. I would really really stress that this advice is province-specific to Ontario.
Hey thanks for the BC changes - I'm providing the link to the Government of BC website that cites this for others who happen to be from BC as well: www2.gov.bc.ca/gov/content/life-events/divorce/family-justice/family-law/dealing-with-property-and-debt/common-law
Hi, how do I see part 2 of this talk?
Part 2 was released today, here's the link: ua-cam.com/video/JRb_jFp_uHs/v-deo.htmlsi=loOt5-oSNVb57b55