Ending of a Marriage Marriage Ending Marriage can

Ending of a Marriage

Marriage Ending �Marriage can end in 3 legal ways �Can you guess them?

Most expensive divorces � Alec Wildenstein's divorce from Jocelyn Wildenstein; estimated at $2. 5 billion � Bernie Ecclestone's divorce from Slavica; estimated at $1 -$1. 2 billion � Adnan Khashoggi's divorce from Soraya Khashoggi; estimated at $850 million � Craig Mc. Caw's divorce from Wendy Mc. Caw; estimated to exceed $460 million [4] � Mel Gibson's divorce from Robyn Moore Gibson; estimated at $425 million � Roman Abramovich's divorce from Irina Abramovich; estimated at $300 million � Michael Jordan's divorce from Juanita Jordan; estimated at $168 million � Boris Berezovsky's divorce from Galina Besharova; estimated at $160 million � Neil Diamond's divorce from Marcia Murphey; estimated at $150 million

Annulment �Annulment: Court order stating 2 people were never married � 3 reasons for Annulment: �Missing an essential requirement �Legal defect in Marriage ceremony �Non-consummation of marriage

Death �Death: If a spouse dies while still legally married, the marriage is over �A death certificate of the spouse is required if the other spouse wants to remarry

Divorce �Separation: Still legally married but “Living apart, ” must prove couple is living separate lives �Must be separated for 1 year, can try reconcile the marriage for 90 days (Consecutive or not) �Constitution Act of 1867 gives jurisdiction to Federal Government for divorce rulings

8 Years Later � 2 children now 1 girl and 1 boy 5 and 3 years old �Both have had salaries raised to $40 an hour ($83, 200 person, $166, 400 for the couple) �Dog that is now 7 years old �One spouses grandfather passes away, has an inheritance of $25, 000 �You still have $75, 000 mortgage on your $400, 000 house

The Maritial Home �The matrimonial home: The primary residence of the couple while married �Each has right to live there after separation �In some cases, court may grant one person possession and once divorce is final, split the value

Equalization Payments �Equalization Payment: Couples assets are added up, gifts EXCLUDED! And total debt added �If there is a difference, the money is split evenly to both spouses

Spousal Support �Assists a spouse until they become “Self sufficient” �Needs to be applied for and is not a punishment �Based on needs of spouse and ability of other spouse to pay

�Look at M v. H on pg. 488 & pg. 490. �Answer ques. 1 -3 on pg. 488