Property Claims, Division of Property, Equalization & Claims in Equity

Fairly distributing your family’s assets

After separation, the fair division and distribution of assets is often a crucial legal issue. This process can be stressful and emotional, as each partner faces their financial reality after separation. With compassion and knowledge, our dedicated legal team can help streamline the complexities, guiding you through every aspect of property and asset division.

From houses to investment portfolios, bank accounts to vehicles, our seasoned lawyers advocate for fair and reasonable resolutions. We understand the intricacies of the law, particularly regarding the equalization of net family properties and equitable interests. To begin this process, we review and assess the sworn financial statements of each party to identify and value their assets and debts or liabilities on the date of separation and the date of marriage, along with other relevant information. This gives us a clear understanding of each individual’s net family property and the increase of each party’s net worth from the beginning of the marriage to the date of separation. You have a legal right to receive this disclosure from your spouse and are similarly required to provide it to your former spouse. This information is critical in determining the appropriate equalization payment, which is the payment from the spouse with the higher net family property to the other spouse of one-half the difference between their net family properties.

We ensure thoroughness and transparency in every negotiation. Whether your family law matter involves standard assets or complex assets such as business interests, investment properties, or pensions, our goal is to provide you with the support and information you need to best resolve your property matters.

While common law spouses cannot claim the equalization of net family property, unmarried partners may still have an equitable interest in assets such as land, vehicles, businesses, pensions, or other significant assets. Our lawyers can help you identify and navigate any property claims that may apply to your situation. Trust our team to help you navigate the legal landscape of asset division with clarity and informed choices.