Family Law
Property Equalization
Separating and divorcing couples are often uncertain about "who gets what". Unfortunately, the answer depends on many factors, and often requires evaluation by an experienced lawyer.
Family Law
Separating and divorcing couples are often uncertain about "who gets what". Unfortunately, the answer depends on many factors, and often requires evaluation by an experienced lawyer.
Married couples who decide to divorce are legally obligated to divide the assets and property that they have acquired during the marriage. This is called property equalization. Common law couples do not have an automatic right to share in each other's property, but can often make a “constructive trust” claim that still enables some property equalization.
The biggest asset for most families is their matrimonial home. Several unique rules apply to the division of a matrimonial home, you should consult a lawyer to see how these rules affect your situation.
Other assets that should be reviewed are:
Our team has advised hundreds of clients on property equalization issues. Contact us today, and see how our experience can get you results!
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