When affluent parties divorce, dividing the property can be the most complicated and stressful part of the process. There are countless details to address, and even minor oversights can have costly consequences.
Division of property: A common misconception is that divorce requires Ontario couples to equally split all their property, including the matrimonial home. Rather, what Ontario actually requires (re property division) is that separated spouses must equally share in the increased wealth that they accumulated during their marriage. (There is no provision that provides for equal sharing of financial losses.)