Property Division & Divorce Ontario
Not all assets are treated the same.
Property division can be one of the most complex aspects of divorce in Ontario. While in some cases finding and valuing assets may be straightforward, in others it is far from clear who owns what and how much property is worth. The matrimonial home has a unique place in divorce, and division of property calculations given several special rules that apply only to this unique asset. These include the rules regarding valuation on the date of marriage, exclusion for gifts and inheritances, and possession.
Elliot S. Birnboim has over 20 years of experience, not only as a family lawyer, but also as a senior commercial litigator at the Bay Street firm of Chitiz Pathak LLP. With this history of complex business litigation, he has grown adept at locating hidden assets and ensuring proper valuation of all forms of property.
NAVIGATING DIVISION OF PROPERTY IN ONTARIO
We understand that you want to protect your assets and leave your marriage or common-law relationship in the best possible financial position. Our Ontario divorce lawyers will work to help you accomplish this. Division of property in Ontario can be murky, leaving you with questions like:
- In a divorce in Ontario, what is a spouse entitled to?
- In a divorce or separation in Ontario, how does division of property work?
- How is marital property divided?
- What is community property?
- How are property and assets divided?
- How is the division of assets calculated?
- Which assets are not included?
Elliot S. Birnboim can help answer these questions and many others on your mind.
No two property division disputes are the same. We excel at helping divorcing or separating couples deal with complex property division issues and can help you to take legal steps to protect your property and assets from your spouse.
Because the calculations associated with the division of assets are complicated, especially regarding the matrimonial home and common law division of property situations, it is best to contact a qualified divorce/family lawyer to help you protect your assets during a separation. Handling the division of assets by yourself is not advised.
Experience counts.
Understanding the basic principles of how equalization of property works is just the starting point. It requires experienced counsel to understand the particular nuances of each asset that forms part of the equalization to truly achieve optimal results in the divorce and separation.
Elliot will talk you through the issues and ensure that it all fit together for a sound strategy moving forward. That strategy requires detailed consideration and, in particular, an understanding of the particular assets that can have an unusual impact upon the outcome, including:
Talk to us to learn more. It’s free to get in touch, and there’s no charge or obligation for an initial consultation.
Call us for a free consultation.
Property division in divorce can be difficult for spouses in Toronto. A family law lawyer can help. To learn what your rights are, contact us for a free consultation. Get in touch today at 1.800.648.7943 or 416-800-2573 to schedule a time or contact us online.