Who Gets the House in a Divorce? A Toronto Lawyer and Realtor Explain | Steve & Samantha Benmor

What happens to the biggest thing a couple owns when one household becomes two? A Toronto divorce lawyer and a Toronto realtor, married to each other, see it from both sides. A conversation about money, property and financial independence when a household splits in two. Steve Benmor has practised family law and mediation in Toronto for 30 years. Samantha Graff Benmor is a Toronto realtor, and most of her work today comes from estates and divorce files. Sheelam talks with them about why governments want people to own homes, why Canada taxes almost every gain except the profit on the home you live in, why Toronto's rental market exploded, and why selling the family home is as emotional as it is financial. They also discuss why more women are asking for prenups, women as primary earners, marriage versus common law, and why Steve believes men and women divorce differently. Figures on screen are sourced from Statistics Canada, the City of Toronto, TRREB, the Canada Revenue Agency and the election agencies of Quebec, Alberta, British Columbia and Toronto. Chapters 0:00 Intro 1:00 A divorce lawyer and a realtor 5:46 Splitting the house in a falling Toronto market 11:51 What lockdown did to marriages 17:53 Why more people are choosing to rent 26:29 Why governments want you to own a home 27:11 Hockey cards are taxed, the family home isn't 30:27 Who is actually buying in Toronto 32:48 Men, women and arm's length 36:12 Why more women are asking for prenups 39:36 A prenup is a shareholders' agreement 45:17 Advice for couples Load Bearing is a podcast about money, power and business. #Divorce #RealEstate #PersonalFinance #TorontoRealEstate #Finance #FinancialIndependence #HousingMarket #CanadaRealEstate #CanadianRealEstate #RealEstateInvesting #FinancialEducation #DivorceAdvice #DivorceRealEstate #WhoGetsTheHouse #HousingAffordability Guests Samantha Graff Benmor, The Graff Group: ‪@TheGraffGroupToronto‬ Steve Benmor, Benmor Family Law Group: https://benmor.com Steve's podcast, Divorce Explained: https://open.spotify.com/show/4OcIqf0... The Graff Group: https://thegraffgroup.ca