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Although you and your partner are legally entitled to an equal share of the profits of your marriage when you separate or divorce, dividing assets is an intricate process. In Ontario, this division is referred to as the equalization of net family property and involves the assets and liabilities you and your partner have accumulated …

When a couple decides to separate or divorce, in most cases, they are legally required to divide assets they accrued throughout their marriage by equalizing their net family properties. Determining the amount of assets included in your net family property will have a large impact on resulting equalization payments. However, there are certain assets an …

When you decide to get divorced, the process can be complicated. This may be particularly true if you decide to get a grey divorce later in life. In Canada, the average age for divorce has been steadily rising, partly because people are increasingly getting married at a later age. As individuals over 50 navigate the …