Month: November 2024

Key Differences between Simple and Joint Divorce 1. Filing Process Simple Divorce:A simple divorce, also known as a sole application, is initiated by one spouse. This option is typically chosen when only one partner is interested in proceeding with the divorce or if there are unresolved issues between them. The spouse who files for the divorce must complete and submit the necessary forms and serve them to the other party. The other spouse can either respond or choose not to contest the application. Joint Divorce:In contrast, a joint divorce is filed by both spouses together. This cooperative approach is suitable…

Key Financial Documents Required in Ontario The disclosure process requires thorough documentation covering income, assets, liabilities, and retirement accounts. Below are the key documents typically needed: 1. Income Statements Pay Stubs: Recent pay stubs that show regular income and deductions. These help establish each party’s current earning capacity. Tax Returns: Complete tax returns from the past three years, including notices of assessment. These documents provide an accurate view of annual earnings and any additional income sources. Other Proofs of Income: For self-employed individuals or those with variable income, it’s essential to include business financial statements, dividends, rental income, or any…