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Judith Holzman Law Offices
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Grey divorce taking a bigger toll on baby boomers
The phenomenon also known as “silver separations,” is also seeing an uptick in senior women walking away from their marriages, for many of the reasons mentioned above, with the knowledge that there will be fewer financial hardship for them when they start over, post-divorce.
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Cohabitation agreements offer protection
Check out this article about the differences between common-law relationships and marriages in Ontario, especially when either type of relationship breaks down. While married spouses have an automatic right to a share of the couple's property during a divorce, common-law spouses enjoy no such automatic right. Instead, those couples either have to make a claim for the property or rely on a cohabitation agreement.
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