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Untangling your finances, including all of your assets and debts after a separation is very complex. Family property includes everything that you and your spouse owned when you separate, whether jointly or individually. Subject to some important exceptions, family property is presumed to be shared equally between the spouses on a separation.
When you first separate, you may have many questions:
Can I keep the house?
Who gets to live in the house until we decide what we are going to do (exclusive occupancy)?
What will happen to my pension?
Do I keep my RRSPs?
What if we have separate bank accounts?
Am I responsible for my spouse's debt?
What if I do not know all of my spouse's assets or debts?
How do we formalize our agreement on the division of property?
Our family law lawyer has the experience to answer all of these questions and to help you divide all of your family property.
The process of dividing all of the assets and debts that have been accumulated, sometimes over many years, can be daunting. We are able to get you on the right track to dividing all of your family property in a fair and reasonable manner.
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