Property Division and Equalization

When a relationship ends, dividing property can be one of the most complex and emotional aspects of separation. In Ontario, the law aims to ensure fairness by recognizing the financial partnership that existed during the relationship.

Married spouses are generally entitled to an “equalization of net family property,” which means the value of assets and debts accumulated during the marriage is shared equally, with some exceptions. Common-law partners may not have the same property rights but may still have claims based on contributions or unjust enrichment.

Property Division and Equalization

How Gaur Family Law Can Help

At Gaur Family Law, we help clients navigate property and financial matters by ensuring full and frank financial disclosure from both parties. We can assist you with:

  1. Identifying and valuing family property, including homes, businesses, pensions, and investments.
  2. Calculating net family property and determining the appropriate equalization payment.
  3. Addressing excluded property such as inheritances, gifts, and pre-marital assets.
  4. Resolving complex financial issues involving family businesses, real estate holdings, or hidden income.
  5. Advising on fair, practical settlement options that protect your financial interests and minimize conflict.

We carefully assess each party’s net family property and financial contributions to reach a property division that is fair, transparent, and equitable.