According to the Family Law Act in Ontario, it is required that assets that have been accumulated over the course of the marriage are divided 50/50 in the divorce. There are however some exceptions which are important to note. The Family Law Act refers to these exceptions as “Variation of Share”.
The general rule is that the net value of the family property (the value of the property owned by the spouses minus any debts and excluded property) be equally divided between both spouses in a divorce.
At our firm, we understand that divorce is a difficult process. That's why we specialize in providing accurate and fair appraisals for personal property in order to facilitate the equalization of marital assets. We recognize that when a marriage dissolves, the process of dividing property can be stressful, particularly for business owners. We are experts in navigating this complicated landscape and have the skills and expertise necessary to guide you through this challenging process.
We believe in providing personalized service to each of our clients. We know that each situation is unique, and requires a unique approach. That's why we take the time to get to know you and your personal circumstances. By understanding your needs, we are able to tailor our appraisal process to provide the most effective outcome.
Our appraisers have a wealth of experience in appraising a wide variety of personal property. Whether you need an appraisal of antiques, art, jewelry, furniture, or other valuables, we have the expertise necessary to provide a fair and accurate appraisal.
At our firm, we recognize that divorces can be complicated and difficult, particularly for business owners. That's why we take the time to provide the necessary attention and expertise required to ensure that all marital assets are properly accounted for. Our appraisals will help facilitate an equitable division of assets so that both parties can move forward with confidence and clarity.
If you are going through a divorce and require a personal property appraisal, please do not hesitate to contact us. We are here to provide expert guidance and support during this difficult time.
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