If you are divorcing in Ontario, you and your soon-to-be ex can expect to equally share in the increased net worth of your marriage. In other words, if husband's net worth from date of marriage to date of separation increased by $1,000 and wife's net worth stayed the...
Property Division
Tips for bouncing back financially after divorce
On Behalf of Gene C. Colman Family Law Centre | Jan 5, 2023 | Property, Property Division
Few events are more financially disruptive than a divorce. In the span of this one event, parties can lose half their pension acquired during their marriage and their home; they go from having two incomes to support one household to supporting themselves. It might...
Should I keep our matrimonial home in a divorce?
On Behalf of Gene C. Colman Family Law Centre | Jan 5, 2023 | Matrimonial Home, Property Division
If you are like many Canadians going through a divorce, your matrimonial home is the most expensive asset you own. Because of this, you may be considering whether you should try to keep it in the divorce. Before you make any decisions about this property, consider a...
Is your ex hiding assets? Where to find answers
On Behalf of Gene C. Colman Family Law Centre | Jan 5, 2023 | Property, Property Division
Dividing assets and money in an Ontario divorce is a complex and intensive process. Add in attempts to hide date of separation assets and artificially inflate debts, well it becomes even more contentious and complicated! (And note that in Ontario, we don't really...
Asset valuation mistakes to avoid in a divorce
On Behalf of Gene C. Colman Family Law Centre | Jun 30, 2022 | Dispute Resolution, Property Division
Proper valuations are essential to dividing property and calculating equalization payments in Ontario. Mistakes that result in undervaluing or overvaluing property can create significant financial and legal headaches. As such, it is crucial to avoid them, including...
Ontario asset valuation, division, equalization (or how I got used to Ontario property law and learned to love it, LOL)
On Behalf of Gene C. Colman Family Law Centre | Nov 22, 2021 | Property, Property Division
When you are dividing (in Ontario we say "equalizing") your "net family property" as part of your divorce, fixing a dollar number to some assets and liabilities may prove to be especially challenging. In some cases, these complexities could derail an otherwise...
Tips for talking to your partner about a marital contract
On Behalf of Gene C. Colman | Jul 26, 2021 | Property Division
When people are planning their wedding, discussing what will happen to your property in the event of a divorce is typically not on the list of priorities. However, talking about a marital contract can be essential, especially for parties entering a marriage with...
Marriage Contract – Unexpected Benefits
On Behalf of Gene C. Colman Family Law Centre | Apr 26, 2021 | Property Division
Too often, engaged couples dismiss the idea of having a "prenuptial agreement" or "marriage contract" because they associate it with conflict and mistrust. Of course, a prenup is valuable if a marriage ends, but it can also be a tool in helping to clarify goals and...
Six assets that can complicate valuation issues in equalization of net family property (Ontario)
On Behalf of Gene C. Colman Family Law Centre | Mar 3, 2021 | Property Division
Affluent couples (and even those less so) can have complex finances to which parties cannot easily assign a fair value. The first step in equalization of net family property (Ontario) is to assign a "fair value" to assets and liabilites. Such situations can involve...
Why the date of a separation matters in divorce
On Behalf of Gene C. Colman Family Law Centre | Feb 28, 2021 | Property Division
Divorce is not something that happens overnight. Spouses might spend months or years fighting, reconciling, seeking counseling and living in limbo before someone ultimately files the necessary paperwork to end the marriage. Thus, it may not always be clear when...
Categories
- Child Custody (60)
- Child Support (11)
- Child Welfare (5)
- Dispute Resolution (21)
- Equal Shared Parenting (15)
- Evidence (1)
- Expert (1)
- Family Law (68)
- Family Violence (4)
- Long Distance Parenting (1)
- Marriage Contract (1)
- Matrimonial Home (1)
- Parental Alienation (7)
- Parenting Time Access (24)
- Pets (2)
- Procedural Fairness (6)
- Property (5)
- Property Division (10)
- Spousal Support (11)
Archives
- March 2023 (4)
- February 2023 (5)
- January 2023 (14)
- December 2022 (1)
- October 2022 (2)
- September 2022 (4)
- June 2022 (5)
- May 2022 (1)
- April 2022 (4)
- February 2022 (1)
- January 2022 (2)
- December 2021 (3)
- November 2021 (3)
- October 2021 (4)
- September 2021 (1)
- August 2021 (1)
- July 2021 (3)
- June 2021 (3)
- May 2021 (3)
- April 2021 (2)
- March 2021 (4)
- February 2021 (1)
- January 2021 (4)
- December 2020 (1)
- November 2020 (1)
- October 2020 (3)
- September 2020 (4)
- August 2020 (1)
- July 2020 (3)
- June 2020 (5)
- May 2020 (3)
- April 2020 (4)
- March 2020 (1)
- February 2020 (4)
- January 2020 (2)
- December 2019 (1)
- November 2019 (5)
- October 2019 (6)
- September 2019 (2)
- August 2019 (5)
- July 2019 (3)
- June 2019 (3)
- June 2018 (2)
- May 2018 (2)
- April 2018 (1)
- March 2018 (2)
- February 2018 (1)
- January 2018 (1)
- November 2017 (1)
- July 2017 (1)
- June 2017 (1)
- February 2017 (1)
- December 2016 (1)
- November 2016 (1)
- January 2016 (1)
- December 2015 (2)
- November 2015 (2)
- August 2015 (1)
- May 2015 (1)
- February 2015 (1)
- January 2015 (2)
- October 2014 (1)
- August 2014 (2)
- April 2014 (1)
- January 2014 (2)
- November 2013 (3)
- September 2013 (1)
- July 2013 (1)
- June 2013 (1)
- April 2013 (1)
- February 2013 (1)
- July 2012 (3)
Recent Posts
- Vaccinations? – Yes. Government health standards? – Yes. Sundry internet dribble as admissible evidence? – No.
- How the experts can help you through a divorce
- Technology and parental alienation
- Book Review of Winners and Losers, published 2023 by Guernica Editions
- Tackling 3 common spousal support issues