EQUALIZATION & DIVISION OF PROPERTY LAWYER SCARBOROUGH
Part of the separation and divorce process involves the equalization and division of property accumulated during the marriage. The disposition of the marital home is handled as a special item during the distribution of net assets between the divorcing parties.
Equalization and division of property in Scarborough is also available for cohabitating couples who met certain requirements. At AP Lawyers, we will encourage you to schedule a consultation whether you are just starting the divorce process or have recently separated from your cohab partner.
We will review whether you have a marriage contract (prenuptial agreement) or a cohabitation contract in place and what it entitles you to receive. In some cases, it may be appropriate to set aside your previous contract. If there is no contract, then we will help determine what a fair equalization and division of property settlement would be based on the length of your marriage or number of years you cohabitated and for cohabiting couples, your contribution to the acquisition, maintenance and preservation of property.
The process involves reviewing financial statements, bank account balances, assets, property holdings, and other such things couples often accumulate while married or living together. From there, we will review if there are any financial items or assets that may be excluded from the equalization and division of property settlement offer.
If you have received an equalization and division of property settlement offer from the other party, we will review the offer with you to determine if it is in your best interests. The goal of our equalization and division of property lawyer in Scarborough is to ensure you receive a fair settlement.
Please feel free to contact our law firm to schedule a consultation with our Scarborough equalization and division of property lawyer today!