Separation Agreements at Cohen Highley LLP
Separation Agreements
A Separation Agreement is a legally binding document that covers major decisions like living arrangements, decision making responsibility and parenting time, division of assets, and support payments. Implementing a proper Separation Agreement is an essential step when a couple (legally married or common law) decides to live apart. Although the content of the agreement may be collaborative, it is best written by a lawyer; moreover, both parties must retain independent legal counsel to review and sign the document and advise the individuals of their legal rights and responsibilities.
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Featured Articles
What Are Notional Taxes?
What Are Notional Taxes? Article by Ken Fraser When spouses separate in Ontario, it is often necessary to address issues that relate to the assets and liabilities owned by each spouse. To properly address these issues, the spouses must know the accurate value for each...
The Importance of Financial Disclosure in Family Law
The Importance of Financial Disclosure in Family Law Article by Ken Fraser In Family Law, Judges have consistently described the duty to disclose financial information as the most basic obligation in Family Law. Judges have raised concerns that the failure to abide by...
The Benefits of a Cohabitation Agreement
The Benefits of a Cohabitation Agreement Article By Erin O'Leary A cohabitation agreement (often called a “cohab” or sometimes a “prenup”) is a written legal contract for two people who live together in a marriage-like relationship. It can be used whether or not the...