I still have this pink coat. Taking offers.
“Love and trust won’t cut it.”
About a year ago, a conversation between Kristy Maurina and her good friend veered toward relationships.
“My boyfriend and I have been living together for six months, I’m going to owe him half of my stuff,” the friend said to Ms. Maurina.
“She is not different from so many of the clients who come in and meet with me,” Maurina says. “The people coming into my office have all of these misconceptions. It’s always the same thing: a friend of a friend told me that I was entitled to this.”
I’ve also heard horror stories: a friend of a friend, for example, is facing legal bills in the tens of thousands to fight her ex-boyfriend who is suing her for spousal support and payments to her mortgage. In my own ignorance years ago, I thrust a rental agreement in my boyfriend’s face, thinking if he signed it that my condo would be protected if the relationship imploded.
Widespread confusion is understandable.
Read the rest of the article in the Financial Post: Common-law couples need to clear up financial confusion.