Navigating the division of marital property during a divorce or separation can be complex and emotionally challenging. At Mike Nyhof Family Law, we are dedicated to guiding our clients through this process, ensuring a fair and equitable distribution of assets and debts.

In Ontario, the division of property in a divorce or separation is governed by the Family Law Act. This law typically requires an equalization of the net family property, which means the spouse with more assets at the end of the marriage pays the other spouse half of the difference.

The division of property can include a wide range of assets such as the matrimonial home, investments, pensions, businesses, and even debts incurred during the marriage. It's important to note that not all assets are shared equally, and certain properties like gifts, inheritances, and property owned before marriage may be excluded under specific conditions.

At Mike Nyhof Family Law, our role is to help you understand your rights and obligations when it comes to property division. We work closely with our clients to assess the value of their marital assets and debts, and to negotiate a fair and equitable distribution. Our team is experienced in handling complex property issues, and we ensure that all relevant factors are considered in the division process.

We also assist clients in situations where a division of property may need to be contested due to concerns about hidden assets, inaccurate valuation, or other contentious issues. Our goal is to protect your interests and ensure that the property division process is conducted fairly and transparently.

If you're facing a divorce or separation and need assistance with the division of property, don't hesitate to reach out to us. We're here to provide the legal support and guidance you need during this challenging time.