Ontario Family Law Podcast

Ontario Family Law Podcast

71 - How the Crazy Real Estate Market Affects Divorce and Separation

Ontario Family Law Podcast

71 - How the Crazy Real Estate Market Affects Divorce and Separation

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The housing market, with its rapidly rising real estate prices, has been a topic of conversation across Canada.  It has also been a subject of interest in Family Courts, mediations and arbitrations.   Separated and divorcing spouses either want to make sure they continue to share in the rapidly increasing value of the home, or to make sure their former spouses do not.   When spouses are married, they have matrimonial homes – sometimes more than one per couple – and those can create a lot of opportunities to gain great wealth, at the expense of the other spouse, in this real estate market.  Common law couples do not equalize their property, so how they have arranged their finances may mean they share in every increase in real estate values or do not share them at all.  

In this episode of the Ontario Family Law Podcast, Certified Specialist in Family Law, John Schuman, explains how the increase in value of matrimonial and family homes is shared, or is not, before and after separation, in the current crazy real estate market.  How couples organize their finances can make differences of hundreds of thousands of dollars, even millions of dollars when they separate. 

To get more information about the topics covered in this episode, check out these other episodes:

44 - Can You Be Better Off Financially If You Divorce? 

40 - How to Keep Your Money in Separation and Divorce

29 - Common Law Separation and Property Division

9 - How Property Is Divided After a Marriage in Ontario

8 - How Your Heart Can Get You Into Financial Trouble - Step Children and Matrimonial Homes

Guide to the Basics of Ontario Family Law - 4th edition cover
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The Ontario Family Law Podcast is a companion to the book, Guide to the Basics of Ontario Family Law, which is available  as a $9.99 Kindle eBook, Kobo eBook, or iBook for your iPad or iPhone and as a paperback from Amazon and better bookstores.   Anyone who has to deal with issues related to separation or divorce, the financial considerations in those circumstances or parenting concerns should rely on both this podcast and the book for easy-to-understand information and advice about how the law applies to their case and what are the best ways to address their concerns.  The book also covers all the other related family law issues, such as  spousal support, property division, restraining orders, the Family Court process and all the alternatives to court.  To get your copy of the book, click on the picture of the book above and to the left.

Thousands of people tune into the Ontario Family Law Podcast to get valuable pointers on family law, divorce and separation issues.  Please feel free to share this podcast with your social network using the sharing buttons below.  The host of the Ontario Family Law PodcastJohn Schuman, is a Certified Specialist in Family Law, practicing in Toronto.  If you would like to contact him, either call 416-446-5847, email us,  or fill out form below and click “send.”  To book a consultation, at a reduced rate, use this form.

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You can comment on this podcast using the comments section below.  Share your experiences with losing money - or coming out ahead, in your separation or divorce to supplement what people learn from this important podcast. 

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