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spousalsupport.pdf
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🔗 Source: cleo.on.ca
📊 Size: 71 KB
📄 Pages: 6 pages
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Summary

Spousal support is money paid by one partner to the other after they separate or divorce, usually from the partner with the higher income to the one with the lower income. A partner may be entitled to support if they were married, in a common-law relationship for at least 3 years, or in a relationship with a child together. The purposes of spousal support include recognizing contributions to the relationship, sharing financial costs of caring for a child, relieving financial hardship, and helping a partner become self-sufficient. The amount and duration of support depend on factors like the length of the relationship, presence of children, and each partner's financial situation. Support can be paid monthly or in a lump sum, and is usually taxable for the recipient and deductible for the payor. The Family Responsibility Office (FRO) can enforce support payments, and support can be changed if both partners agree or if there is a significant change in circumstances.

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Description

Spousal support is money paid by one partner to the other after they separate or divorce, usually from the partner with the higher income to the one with the...

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  • File Format: PDF
  • File Size: 71 KB
  • Pages: 6
  • Language: EN
  • Total Downloads: 69
  • Last Updated: 2 months ago

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