What Do You Need to Know About Property Division During Divorce?
When it comes to separation or divorce, there appear so many issues to solve with the help of family lawyers, such as child custody, support, or property division, for example. To defend your property rights, you need to hire an experienced divorce lawyer Aurora. Learn some of the essentials about property division during divorce, and what to discuss with your family lawyer Aurora to get your property rights protected.
When you are on the edge of divorce, the very first thing to do will be to study what is divorce and how it differs from separation, divorce lawyers advise. It's reasonable to educate yourself and find out more about the protection of your rights. You have to make sure you get all the important documents at hand before addressing family lawyers Aurora.
The next step will be getting an expert consultation from divorce lawyers or family lawyers in your province to understand your situation in full. If we are talking about property division, your divorce lawyer Aurora may tell you, the laws related to this issue vary in each province.
However, there are some general principles to know from your divorce lawyer Aurora. For example, the property acquired during the marriage has to be divided equally between ex-spouses. Besides, things that you have brought with you to the marriage, according to divorce lawyers, will remain yours. However, if the value of this property has increased during your marriage period, those grown values should be shared in separation or divorce.
According to the law, both partners in the couple contribute equally to the family life, either earning an income or keeping household. Your family lawyer can explain to you that according to this principle the most of your assets acquired in marriage should be divided equally between the parties.
Although the above-mentioned principles are common, there are exceptions to discuss and resolve, with the legal assistance of family lawyers Aurora.
The main asset to divide is, as a rule, a matrimonial home, in terms of your family lawyers. The rule says that if you have owned the house on the date of your marriage, both ex-spouses have an equal right to stay in the matrimonial home, no matter whose name is on the documents. There are other legal norms, peculiar to the province where you do your divorce filing. That's why an expert consultation from your family lawyer Aurora can help find out all the details, study the question and protect your rights from the start.
"Who gets what?" is the most common question in property division. Some ex-partners are able to decide everything quickly and without much fussing, while many couples do it rather messy and in the most complicated manner. Not to regret after, opt for the experienced family lawyer, knowledgeable in the province law, who will be able to study your situation and recommend the effective way out.
To make a long story short, it's better to start discussing and fixing your property division arrangements on the stage of separation. All the points will be included in the Separation Agreement which can be really valuable for peaceful existing during the unlimited separation period or when you apply for divorce. Make sure this paper is properly documented in writing and has a legal power in court.