Equalization of Net Family Property

As a general principle, each party is entitled to half of the value of “assets” , including property, savings accounts, investment accounts, “chattels”, etc, after subtracting debts during the parties’ marriage. However, there are occasions when a court will award unequal equalization, based upon a number of factors. It is not unheard of for a spouse to attempt to hide their assets, post separation, or refuse to provide disclosure of their bank accounts. The law is clear: each party must provide full, frank and ongoing financial disclosure.

A strong advocate will demand all disclosure and meticulously scrutinize bank accounts and other financial documents to determine whether a spouse is hiding anything.

I have been known to find hidden assets and bank accounts, due to my background in criminal law and enthusiastic nature.

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