PROTECTING CLIENTS IN SECOND MARRIAGES
Rayann Huang / August 1, 2011
More articles on: Divorce
“All you need is love” is probably not what Beatle Paul McCartney hummed after his $50-million divorce from Heather Mills in 2008. In hindsight, he also needed a prenuptial agreement.
According to the latest Statistics Canada research, 43% of marriages are expected to end in divorce before the 50th wedding anniversary. In a 2009 study by Dr. Anne-Marie Lambert of York University, of those individuals facing divorce, approximately 70% of men and 58% of women will remarry. Remarriage is more common among immigrants than Canadian-born citizens, and in Quebec, remarriage has become a minority phenomenon because of a preference for cohabitation.