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July 2017 Archives

Your house may no longer be yours if you are legally married

In Ontario, family laws see marriages as equal partnerships between spouses, and if that partnership ends, assets must be shared equally. Couples who want to take measures to ensure their separate property remains separate can sign a marriage contract to do so. Such an agreement can specify the assets each spouse brought into the marriage, and ensure that these items would once again be separate property in the event of a divorce.

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