Cohabitation Agreement Spousal Support Ontario

If you`re living with your partner in Ontario, Canada, without being married, then you should consider a cohabitation agreement. A cohabitation agreement is a legal document that sets the terms and conditions for living together. It can protect you and your partner`s assets, and ensure that the relationship runs smoothly. In this article, we`ll focus on spousal support in Ontario and how it relates to a cohabitation agreement.

What is spousal support?

Spousal support, also known as alimony, is a payment made by one spouse to the other after separation or divorce. The purpose of spousal support is to provide financial support for the lower-earning spouse. The amount and duration of spousal support depend on various factors, such as the length of the relationship, the earning potential of each spouse, and the standard of living during the relationship.

How does spousal support relate to a cohabitation agreement?

A cohabitation agreement can include provisions for spousal support in case of separation or dissolution of the relationship. The agreement can set out the amount and duration of spousal support, and the circumstances under which it will be paid. It can also address the termination of spousal support in case of a change in circumstances, such as the recipient partner getting a higher-paying job or remarrying.

Why is a cohabitation agreement important for spousal support?

A cohabitation agreement can protect both partners` interests in case of separation or dissolution of the relationship. It can provide clarity on the financial aspects of the relationship, including spousal support. Without a cohabitation agreement, spousal support can become a point of contention or uncertainty in case of separation or dissolution of the relationship. A cohabitation agreement can also prevent the court from making decisions on spousal support, which can be unpredictable and costly.

In conclusion, if you`re living with your partner in Ontario without being married, then a cohabitation agreement can be a valuable tool for protecting your interests. It can include provisions for spousal support and prevent uncertainty and disputes in case of separation or dissolution of the relationship. If you`re considering a cohabitation agreement, it`s important to consult a lawyer experienced in family law to ensure that the agreement meets your needs and is legally valid.