MATRIMONIAL HOME

Under Ontario’s family law legislation, the matrimonial home is given special treatment.

Put simply, it is the couples residence where they resided at until the separation.

The matrimonial home is dealt with differently when calculating equalization and/or dividing assets. Each spouse is entitled to half the sales proceeds.

Even in cases where one spouse brings the asset into the marriage, both parties are equally entitled to share the full value at the date of separation.

It’s essential to understand the intricacies of family law and how to approach it. Family law is not a one-size-fits-all practice and every case is unique. We can assist in reaching an amicable settlement or represent you in court.

Contact us today for a consultation.