Question
Michelle and Juline are a common-law couple who have been together for 4 years. They are raising Michelle's 7-year-old son Jake which she had from
Michelle and Juline are a common-law couple who have been together for 4 years. They are raising Michelle's 7-year-old son Jake which she had from her previous marriage to Mike. Mike and Michelle divorced 5 years ago, and Michelle has sole custody of Jake. Juline is a successful dentist and owns a large home in Toronto, so when they decided to move in together, Michelle gave up her apartment and moved into Juline's house. They also decided that Michelle would give up her role as a retail store manager to stay home and home school Jake. Juline, your client, is in your office for her annual review.While Juline and Michelle are happy together, she asks you what would happen should they ever split up. Juline is mostly concerned about the matrimonial home. How do you respond?
a. Tell Juline that the home would only be divided if it were registered as JTWROS
b. Advise Juline that the home would form part of the assets that would be divided
c. Advise Juline that she does not have to worry since the home is registered in her name alone
d. Let Juline know that since they are not legally married, the matrimonial home would remain in Juline's possession
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