Domestic Agreements

Domestic Agreements

When a couple separates, a number of issues arise as a result of the relationship. These include:

1. Who gets to stay in the matrimonial home? Should it be sold to a third party? Should one spouse buy the other out?
2. Who pays the family debts? How will these debts be shared?
3. How is the family property divided ie including pension benefits/credits?
4. Who gets custody of the children?
5. How much access should the other spouse have?
6. Financial/child support for the children?
7. Financial/spousal support for you or your spouse?

You can negotiate these issues and sign a domestic agreement eg marriage agreement, cohabitation agreement or separation agreement.  These agreements can indicate how the parties intend to arrange their finances or other aspects of their lives together or how they want to deal with their debts or assets when they separate; how their properties would be divided and what support would be paid etc. Each party must consult a lawyer before signing the agreement. This will make separation or divorce proceeding easier and less expensive.

To speak with a Toronto separation agreement lawyer, cohabitation agreement lawyer or marriage agreement lawyer, please call (416) 972-0404 or toll free (855) 396-1207.