Toronto Divorce Advice, Tips & Resources

Understanding Ontario property division rules at divorce

Ontario couples who are seeking a divorce may be interested in information about how property is divided at the end of a marriage. While marital property is split evenly, other property may be subject to a statutory payment formula. The property division process that happens when a married couple divorces is governed by the Ontario Family Law Act. This law says that when a couple is legally married and not simply living common law, most property acquired during the marriage is shared between the divorcing…

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