Spousal support is money paid from one spouse to the other after a divorce or separation. The federal Income Act considers spousal support taxable income in most circumstances. If you receive regular periodic spousal support payments, it is taxed as income for tax purposes. If you pay spousal support, it qualifies as a deduction from income. Payments made as …
Parental rights under Ontario law include the authority to make important decisions about your child’s care, education, religious instruction, and welfare. Amendments to the federal Divorce Act in 2021 changed long-used terminology regarding child custody in divorce cases. Revisions to the Divorce Act mean that “custody” is no longer used in arrangements made for children …
When it comes to the law, there are generally two different types of relationships. Some couples declare their love in front of friends and family, formally and legally binding themselves together in matrimony. Other partners are content to remain in a close, monogamous relationship without all the pomp and circumstance. There is no “correct” way …
Separating from a spouse isn’t only about diving property and assets and moving on. Separating from a spouse is a process that involves your financial and emotional well-being. At Musson Law, our compassionate Toronto divorce lawyers understand the complicated dynamics of relationships and how those dynamics can influence a legal separation. If you are ready …
Who Can Witness a Separation Agreement in Ontario? Read More »
A prenuptial agreement is a contract that guides how a couple will address specific matters in the event of divorce – or upon the death of one spouse. While the term prenup or prenuptial agreement is very common in the United States, domestic contract or marriage contract is generally used in Canada. The terms addressed …