Property Division

When a married couple decides to divorce or separate, each spouse is entitled to equalize the net family property. Determining an accurate value as to property and how the value has changed during the course of the marriage is essential to obtaining a fair division. These matters can be quite complex. Under the Family Law Act, any property amassed during the marriage that still exists at separation will be divided equally.  Increases in value of property and assets owned at the date of marriage are also equally shared.

Some assets and property are excluded from equalization. Examples of excluded property include inheritances, gifts, and insurance settlements. 

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Financial situations can become more complicated when a couple’s financial portfolio includes complex assets, such as investment properties, pensions, retirement accounts, stock options, trust interests, corporate assets and other more complicated financial assets. We understand what information is needed to value these assets and the particular tax considerations that accompany such assets.

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Whether dividing property before a judge in court or by alternative methods such as negotiation or mediation, Ali Family Law can help. Known for our strategic approach, ability to tackle the most complex financial structures, and broad understanding of family property issues, we will ensure your interests are protected throughout the property division process.