6 Myths About A Separation Agreement in Ontario You Must Know
The process of obtaining a legal separation in Ontario is one that evolves over what is usually the course of several months. The actual date of separation plays greats importance for married couples. This date is as the date on which the valuation of any property that needs to be divided between the spouses is created.
Parties are required to have been separated for a period of one full year before they are able to apply for divorce unless certain criteria are met. If the divorce is being applied for on the grounds of cruelty or adultery, then this period of one year does not apply.
Any issues that occur surrounding a separation should be addressed as soon as they are identified. These might be issues on spousal support, child support, or division of assets, issues regarding how the marital home is to be dealt with, or which spouse will be awarded custody of any children. Also under discussion can be how decisions that relate to the children will be made and who will be able to spend time with the children and when; known as an access schedule. In this Article, we will tackle 6 common Myths about Separation Agreements which has caused a lot of confusion among many.
1. No Need to have a Separation Agreement but it is recommended