Can a private separation agreement be challenged? + MORE Dec 5th

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Laurentian reported fourth-quarter net income of $58.6-million, up from $18.4-million a year ago.

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Fourth-quarter earnings fall 9 per cent to $1.2-billion, or $1.81 a share

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Toronto Real Estate Board says the average home sold for $761,757 in the Greater Toronto Area in November, down 2.4 per cent compared to October

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Q. A private separation agreement has been signed and witnessed. Can the financial that have been divided be changed if someone wants more money afterward? Or is the private separation agreement final? – Ken B.
I am not sure what you mean by a “private” separation agreement. I would never recommend writing up your own separation agreement. Even if it signed by both parties and witnessed, it is not considered a valid document in the eye of the courts, and therefore it can be overturned.
A properly executed separation agreement has several factors. First, let me say, even though you are more than able to come up with your own agreement, I would always recommend the advice of a Certified Divorce Financial Analyst if there are financial assets to be divided. This would ensure complete transparency and understanding by both parties of all the financial issues.
After you and your ex have satisfied yourself that you are happy with the agreement, in order to have a fully executed document that would hold up against scrutiny in court, you must each seek independent legal advice…

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