JMS Law Blog
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Their caring, authentic, and highly competent legal and support team treats each client with respect, compassion, and empathy, educating them on how to achieve their goals through peaceful resolution and healing. They offer efficient and stress-free real estate, wills and estates, family law, and mediation services. Read their blog to learn more about the law firm, their services, helpful..
JMS Law Blog
1y ago
A separating couple may wish to jointly hire an appraiser or real estate agent in order to determine the value of the matrimonial home. A certified real estate appraiser’s valuation will be more accurate, but it will be more expensive to obtain, whereas a real estate agent’s letter of opinion will reflect a fair market ..read more
JMS Law Blog
1y ago
After a family separation, both spouses also have a right to live in or “occupy” the matrimonial home. If one spouse is able to buy out the other spouse’s equity in the home, then they may be able to stay in the home. However, if neither spouse is able to afford to buy out the ..read more
JMS Law Blog
1y ago
When spouses separate, they will need to divide their assets and debts – this is called “net family property”. If there is a matrimonial or family home in the net family property, and it has to be sold or refinanced, the net sale proceeds or refinancing funds are only one part of the division of ..read more
JMS Law Blog
1y ago
The global pandemic of COVID-19 is changing the way we function as a society and the family law practice has also had to adapt to make sure our clients and fellow practitioners are safe. On March 23, 2020, the Ontario court services were modified to adapt to physical distancing. At the moment, courts are only ..read more
JMS Law Blog
1y ago
I have recently had the pleasure of listening to one of our Ontario Court Judges and was encouraged by her use of the term “village,” especially since the conversation was happening in the world of law. She noted that one should have a village to turn to in times of hardship, joy and peace. I ..read more
JMS Law Blog
1y ago
Over the years I have come to find that parents and people, in general, limit their own growth and their capacity to do great things in the world when they focus on their conflict, negativity and things that drain their energy. Their ability to do great things is limited by their thoughts and assumptions about ..read more
JMS Law Blog
1y ago
Depending on whether a couple is married and considering a divorce or in a common law relationship, their rights will differ. Common law spouses are not married, and therefore do not have the same right to division of property or occupation as married spouses ..read more
JMS Law Blog
1y ago
A separating couple may wish to jointly hire an appraiser or real estate agent in order to determine the value of the matrimonial home. A certified real estate appraiser’s valuation will be more accurate, but it will be more expensive to obtain, whereas a real estate agent’s letter of opinion will reflect a fair market ..read more
JMS Law Blog
1y ago
After a family separation, both spouses also have a right to live in or “occupy” the matrimonial home. If one spouse is able to buy out the other spouse’s equity in the home, then they may be able to stay in the home. However, if neither spouse is able to afford to buy out the ..read more
JMS Law Blog
1y ago
WHAT IS THIS “STRESS TEST” YOU ASK? It is a test used by Lenders to determine whether a borrower will be able to afford his/her mortgage payments in the event interest rates go up. The test itself requires that a mortgage applicant prove that he/she can make payments at the qualifying interest rate plus two ..read more