Property Division

 

Property is broadly defined in Ontario family law as anything of value including household furnishings to real estate, bank account funds, investments, businesses and the like.  Calculation of a fair division of property can be complicated requiring the involvement in some cases of accountants and valuators in order to create a comprehensive picture of a spouse's property value.  Where appropriate, a motion to prevent dissipation of assets may be necessary to prevent one spouse from escaping property division liability from the other spouse.