Hi to everyone. I live in Ontario and I'm looking for some answers before I get in trouble. I'm not married but have been living with a woman for almost a year. I can't say things have ever gone very good so far, but I still would like to try to work things out. I'm worried because I own the house, I own the new car and I'm financially secure and she has nothing financially. I'm wondering, should I worry now or can I wait sometime to see how things work out. I know I can get a co-habitation agreement, but I don't want to do that unless it's necessary at this point. Is there a site with answers for co-habiting couples? Thank you...
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Hi Bonhomme,
Welcome to the forums!
Under Ontario law, to be considered a common law couple, parties must cohabit for three years in a relationship of some permenance. If the parties have a child together, the three-year requirement does not apply.
Entering into a cohabitition agreement is always a good idea, no matter how long parties have been living together. Entering into an agreement is sometimes a sensitive subject for some couples, as if it's a sign that the relationship won't last, but the fact is that everyone should really protect themselves in the event that things don't work out.
Please take a look at:
http://www.marriage-contract.ca/
Lindsay
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You're sharp Sk8r!
The CRA requires parties to be living together in a conjugal relationship for 12 continuous months.
They also have other qualifications. Please see:
http://www.cra-arc.gc.ca/tax/individ...marital-e.html
Lindsay
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