HANY ADAM - BEST SELLING OPTIONS IN A DIVORCE

• Property that was acquired after separation Example: Sayed bought a new home to live in after he separated from his spouse. He purchased the home using money from his parents as a deposit and his spouse has never lived in the property. He could argue that he should not have to share the value of the property with his spouse, or that his spouse should receive very little of the value, because it was not purchased using matrimonial property or treated as part of the marital property. The judge will decide what is fair based on many factors set out in the Marital Property Act. • The roles and contributions of each spouse during the marriage • The income, earning capacity, liabilities, and obligations of each spouse • The length of the marriage • Any agreements between spouses • Prior court orders • The dissipation of property by a spouse

What Properties that will be divided equally?

All other property that is left is property that will be shared equally between the spouses, unless it would be unfair to do so. The judge will decide what is fair based on the same factors that were listed previously. In the majority of cases, it is fair to divide property equally between the spouses.

Property that is usually shared equally · The matrimonial home

· Vehicles · Pensions · Investments

Property that is usually shared, but not equally. The property is

30

Powered by