Property division during a divorce is a difficult and touchy subject. In Ontario property division following the breakdown of a marriage is governed by the Family Law Act (FLA). The FLA outlines a scheme that entitles each party to equal shares of the profits of a marriage in the majority of circumstances. There are circumstances in which a net equalization scheme will not be applied. Determining how assets should be divided following a divorce can be very complicated.
At G Law Group we work with you to get a full understanding of your unique factual circumstances and assist you in devising the best strategy for an equitable division of assets.