Property Division Lawyer Vancouver
Dividing property after separation can be one of the most complicated aspects of family law.
If you are looking for a property division lawyer in Vancouver, Illuma Family Law can help you understand how British Columbia family law may apply to your home, investments, businesses, pensions and other assets.
What Is Family Property?
Family property can include a wide range of assets acquired during a relationship.
Depending on the circumstances, this may include the family home, other real estate, bank accounts, investments, businesses, pensions and other property.
What Is Excluded Property?
Certain property may qualify as excluded property under British Columbia's family law legislation.
However, identifying excluded property and determining what happens to increases in value can be complicated.
Documentation and tracing may be important.
What Happens to the Family Home?
The family home can raise particularly important issues.
The parties may need to determine whether one spouse will remain in the home, whether it should be sold, how the mortgage will be dealt with and how the value will ultimately be divided.
What About Businesses and Investments?
Property division can become more complicated where one or both spouses own businesses, corporations, investment portfolios or other significant assets.
Accurate financial disclosure and appropriate valuation may be necessary.
If you are considering divorce, contact Illuma Family Law to arrange a consultation with a Vancouver divorce lawyer.