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When you’re in a common law relationship that is coming to an end, and you’re concerned about the division of assets, contact the family lawyers and civil lawyers in Toronto and Ontario and Karrass Law. Common law division of assets follows different legal requirements than a legal marriage, so if you and your partner are having disputes or disagreements about asset division, contact our team...

Divorces can be challenging, especially when they involve a high level of conflict and the complex division of assets. In such cases, traditional litigation can be costly, time-consuming, and emotionally draining. However, mediation offers a viable alternative that can help couples reach a fair settlement without the adversarial nature of court proceedings.

When you are splitting up with a spouse, much of the conversation around the divorce is centred around how financial assets are split. Marital properties, income, investments, businesses and more all need to be divided fairly in alignment with Ontario law. Another factor that should be considered in regard to the complex division of assets is debts.

In Ontario, you have a fundamental right to defend yourself with reasonable force. The purpose of self-defence, as governed by the Criminal Code of Canada, is to allow individuals to protect themselves in the face of immediate danger. The legal landscape as it pertains to self-defence in Ontario can be complex when being used as a defence for murder or manslaughter charges. If you have been...

Beyond the emotional heaviness of the situation and the social implications, divorce can be particularly challenging financially for spouses navigating the division of complex assets in Ontario. In most cases, assets are split evenly in the event of a divorce in Ontario. Still, there are certain situations where business partners, family members, or co-signers—might have legitimate claims that...

When disputes go to civil court, the last thing anyone wants is a hostile, long, drawn-out court battle. Unfortunately, conflicts are often inevitable in life, and civil litigation and suits offer a reliable and effective option for those seeking damages and justice for matters like contract breaches, family disputes, and more. Those seeking a less adversarial, more efficient, or more...

When it comes to divorce or separation, understanding the timelines and processes involved in the division of assets is crucial. When filing claims for equalization in the midst of a separation divorce, the already stressful and emotionally charged situation can become incredibly complex, especially when hidden assets, matrimonial homes, and other complicated financial elements are factored into...

In Ontario, the division of assets for married spouses is governed by the Family Law Act. The goal is to ensure a fair distribution of property acquired during the marriage. The process involves calculating each spouse's Net Family Property (NFP), which is the spouse with the higher NFP typically paying an equalization payment to the other spouse, ensuring both leave the marriage with an equitable...

Finding yourself mixed up in financial fraud is anxiety-inducing. Most of the time, your money is already caught up in a mess, and in some cases, like with Ponzi schemes, others you know and care about could have been recruited too. Dealing with financial fraud can be incredibly complex. In Ontario, the laws involving various financial schemes can be complex and difficult to understand without the...

At a high level, financial fraud happens when someone deprives you of access to your own money or capital. Financial fraud can also be when a person or entity intentionally deceives you or misleads you in a way that negatively affects your financial health. Today, fraud is more common than ever, as fraudsters have more ways to target people in Ontario. In 2023, the Royal Canadian Mounted Police...