Category Archives: Property Division
How Are Business Interests Divided In Ontario Divorce?
Two people can accumulate significant real estate and personal property prior to getting married and during their marriage, so Canadian divorce laws include provisions on how to divide things up. Under the Ontario property division law, all real estate and personal property must be equally divided between spouses when the marriage is dissolved. Plus,… Read More »
Checklist When Addressing Property Division In Ontario Divorce
There are many important questions to consider when going through divorce, but one of the most basic inquiries involves who receives what property when the case concludes. The concept of property division varies slightly among Canadian provinces, but the statutes generally require an equal split. The Ontario Family Law Act refers to this as… Read More »
What Assets Are Exempt From Family Property Division Laws In Ontario?
There are numerous issues to consider and legal aspects that apply to an Ontario divorce case, but one of the most fundamental questions is how to distribute property between the parties. Under Canada’s Constitution, individual provinces have the authority to enact laws on division and equalization of marital property; Ontario’s version is contained in… Read More »
How Does Debt Work In An Ontario Divorce Case?
If you are contemplating divorce or involved in a pending case, you probably already know that one of the key issues in the proceedings is how to divide property. The Ontario Family Law Act requires equalization of net family property, which generally aims to ensure both parties walk away from the marriage on a… Read More »
5 Property Division Laws That Impact Ontario Divorce
While some couples may need to deal with spousal support and issues related to minor children in Ontario divorce, all parties must address property division when ending their marriage. Unfortunately, this topic can be among the mostly hotly contested issues in a divorce case, particularly for high net worth and long-term marriages. Emotion can… Read More »