Nov 15, 2018
Young couples living together to save on housing costs need to sign this often overlooked pact — Laurie Pawlitz speaks to the Globe & Mail on the importance of cohabitation agreements
The Globe & Mail
Laurie Pawlitza gets a lot of starry-eyed clients in her office – they’re often young couples who are moving in to their first home and come in asking for cohabitation agreements to protect their assets. But many aren’t there of their own accord.
“It’s parents who may have helped buy properties for their kids – that’s why we see the cohabitation agreements,” says Ms. Pawlitza, a partner in the family law group at Torkin Manes in Toronto. “They want an agreement that will protect the initial investment.”
Ms. Pawlitza also sees clients such as these when their relationships end – the couples in their 20s and 30s who have moved in together, often to save on housing costs – and over the years have become common law. Suddenly, they are splitting properties, assets and savings – facing financial challenges they didn’t foresee.
This article was originally published in the Globe & Mail. To read the complete article, visit the Globe & Mail's website.
Torkin Manes is proud to be a Festival Partner for #JLFToronto2019 held September 27-29 in Toronto’s historic Distillery District. Uniting inter...
Sep 30, 2019
Torkin Manes is proud to announce that our firm has been recognized as the Regional Law Firm of the Year by Chambers and Partners at the 201...
Sep 17, 2019
In the News
A divorced woman will not have the right to keep an embryo that she and her then husband contracted to have frozen and preserved, because her former s...
Sep 11, 2019