The end of a relationship is a complicated process made harder by the emotions involved. When it comes to the division of property, having an experienced lawyer on your side matters.
At Brampton's Chhokar Law Office, we understand how much is on the line. We are experienced in handling all manner of property division cases and are dedicated to working towards achieving the best possible outcome.
Protect Your Interests With An Experienced Lawyer
When a marriage is terminated, both parties involved are legally entitled to an equalization, or division, of their family property. This means that the value of the family's net property is calculated and that payments are determined based on the findings.
When calculating the entitlement, several factors are taken into consideration, including the value of assets that each spouse held at the time of marriage, at the time the marriage ended, and the value of their current assets.
Some of the assets that need to be considered include:
- Primary and secondary residences
- Business interests
- Investments, pension plans, and insurance policies
- Vehicles
Leave Nothing To Chance
When the value of the family's net property has been determined, it may result in one spouse owing their former partner an equalization payment to ensure an equal share. To complicate matters further, some assets may be excluded from the calculation of entitlement.
Protect your interests by working with a lawyer who understands the complexities of property division. We are dedicated to developing strategies that work and will fight towards a fair and favourable outcome.
Contact Us
Take the first step by coming in for a free consultation. Call 905-488-6557 or email us to schedule your appointment.