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 Alec Wildenstein Bernie Ecclestone's divorce from Slavica; estimated at $1-$1.2 billion Bernie Ecclestone Adnan Khashoggi's divorce from Soraya Khashoggi; estimated at $850 million Adnan Khashoggi Craig McCaw's divorce from Wendy McCaw; estimated to exceed $460 million [4] Craig McCawWendy McCaw [4] Mel Gibson's divorce from Robyn Moore Gibson; estimated at $425 million Mel Gibson Roman Abramovich's divorce from Irina Abramovich; estimated at $300 million Roman Abramovich Michael Jordan's divorce from Juanita Jordan; estimated at $168 million Michael Jordan Boris Berezovsky's divorce from Galina Besharova; estimated at $160 million Boris Berezovsky Neil Diamond's divorce from Marcia Murphey; estimated at $150 million Neil Diamond

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 per 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 Answer ques. 1-3 on pg. 488