Financial Disclosure – Explained

cash in hiding place

Each party must be fully informed of the financial circumstances of the other.The Ontario Family Law Act expressly sets out that a Court can set aside any contract or settlement if it was reached without full disclosure by one or both parties.

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Unequal Division of Property – Can I Get More Than Half?

split home

In Ontario, the Family Law Act governs the division of property that is brought into a marriage or acquired by spouses. The Act sets out a formula that dictates how the division is to be calculated, a process called the “equalization of Net Family Property”.

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Equalization in the Family Law Context

Stack of Canadian Dollar

Once two spouses decide to separate, certain questions arise immediately: How does the property they owned together get divided? Is it necessary to sell the matrimonial home? How are pensions and inheritances dealt with?

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