Difference between revisions of "Property and Debt in Family Law Matters"

Property and Debt in Family Law Matters (view source)

73 bytes added , 18:19, 20 March 2013

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 As you can see, certain dates in a couple's relationship are really important. The date a relationship begins, the earlier of the date the spouses marry or begin to live together, is the date separating the excluded property brought into the relationship from the family property acquired during their relationship and the date when the being to share responsibility for new debts. The date the spouses separate, generally speaking, marks the end of the accumulation of shared property and shared debt.
-====Becoming Spouses====
+====Living Together and Marrying====
 Under s. 3(3) of the ''Family Law Act'', a relationship between spouses begins
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 <blockquote><blockquote><tt>(b) the date of their marriage.</tt></blockquote></blockquote>
-Since the definition of ''spouse'' at s. 3(1)(b)(i) includes people who have lived together "for a continuous period of at least 2 years", once you have reached the two-year mark, you are a spouse and your relationship as spouses began two years earlier.
+Since the definition of ''spouse'' at s. 3(1)(b)(i) includes people who have lived together "for a continuous period of at least 2 years", once you have reached the two-year mark:
+#you and your partner are spouses; and,
+#your relationship as spouses began two years earlier, on the date you began to live together.
 ====Separating====