29. Common Law Separation and Property Division
Common Law Separation and Property Division
One of the most frequent mistakes people make about Ontario Family Law is thinking that becoming common law is exactly the same as being married. However, as discussed in previous episodes of this podcast, that is just simply not the case. Being common law is very different from being married. One of the biggest ways that it is different is with respect to property division. If you are common law do NOT assume everything is divided 50/50. Sometimes, property division between common law couples can seem like the Wild West. In some ways, it is. This podcast gives an in-depth, comprehensive, explanation of how common law couples can divide their property when the relationship ends, and how they do not. It also explains other Family Law remedies that can help out when the property division is unfair.
Share your experiences with losing money – or coming out ahead, in your separation or divorce to supplement what people learn from this important page.