Family Law Now Live Virtual Event Recording – Divorce & Property Sharing 101

Recording Release – Divorce & Property Sharing 101

We are pleased to announce the virtual event recording release of Divorce & Property Sharing 101.

In this 1-hour virtual event, Ontario collaborative family lawyers, Russell Alexander, Bill Rogers, and Rick Peticca discuss matters of property sharing in divorce and family law.

The panelists cover the following topics:

1. The basics
a. How is property defined?
b. What is financial disclosure?
c. What documents should you gather?
d. What is a financial statement?

2. Calculating & sharing family property
a. Date of marriage assets (“DOM”)
b. Date of separation assets (“DOS”)
c. Deductions
d. Exclusions
e. Personal injury awards
f. Inheritances

3. The home
a. Having more than one matrimonial home
b. Exclusive Possession of the matrimonial home
c. Not the home on DOM

4. Special Considerations
a. Pensions / survivor benefits
b. Sick days / vacation days
c. Stock options
d. Notional disposition costs
e. Lottery winnings

5. Onus – who bears it, for purposes of determining the value of an asset, liability and proving a deduction and exclusion

6. Equalization
a. The concept & purpose of equalization
b. Net family property statements
c. The “unequal” division – section 5(6) of the FLA

7. Limitation period – section 7(3) of the FLA for an equalization claim

Watch the full presentation here: