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Property Division Services Ontario

Have you made the decision to separate and divorce?

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in the right direction.

Turning Point Family Mediation is here to help you navigate difficult
times and find a clear, affordable pathway forward.

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    Division of Property Services Near Ontario

    Why choose us?

    A full suite of services

    Explore how our straightforward divorce property division service is designed to help resolve complex situations.

    A proven process

    Learn how our step-by-step division of property service will help you save time, money, and hassle.

    Affordable prices

    Our mediators offer various pricing structures for any circumstance requiring the division of assets.

    Divorce Splitting of Assets Mediator Ontario

    Our Services

    Our local mediators near Ontario offer straightforward solutions for complicated situations involving the division of property. By providing an affordable yet highly professional divorce financial settlement service, we can help you efficiently and cost-effectively navigate your way out of a difficult divorce. Explore our division of assets services below.

    Online Division of Property Mediation in Ontario

    Division of
    Property

    In Ontario, both spouses within a marriage have an equal and legal right to continue living within the matrimonial home, until the home is officially sold to one spouse individually, sold to a third party buyer, or until a judge legally grants a court order stating one spouse must move out of the home. With that being said, when a married couple gets a legal separation while living in their matrimonial home, it is not legally acceptable for one spouse to change the locks on their ex-partner if they decide to move out once separated; according to Ontario’s Family Law Act, there will be no legal grounds to support that decision.

     

    When obtaining a divorce in Ontario and discussing the division of marital properly, any property that was acquired during a marriage will be divided amongst both spouses evenly. Typically, if your spouse owns any property or other assets that are more valuable than the property or additional assets that you own, your spouse must provide you with the difference in financial value.

     

     

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    Online Division of Property Mediation Ontario

    Divorce &
    Property

    When a couple decides to divorce, they must agree upon a division of assets, which primarily includes; real estate, savings accounts, financial investments, pension plans, and the matrimonial home. Once agreements are decided upon and listed within a proper Separation Agreement, one or both spouses will have to transfer their assets to equalize and fulfill the agreed upon terms. This process is referred to as an equalization payment and an asset transfer.

     

    Matrimonial property refers to the assets and debts that were acquired during an individual’s marriage, to which should be divided equally amongst spouses. The division of matrimonial property is set out in the Net Family Property Statement, a document the mediators uses to show the individuals what it looks like for them to leave the marriage with the exact same amount on money excluding any excluded property. The division of matrimonial property is an important part of the separation and divorce process so it is important to seek advice on the topic from a professional.

     

    The division of matrimonial property can be extremely challenging for some couples to agree upon; therefore, couples can allow the court to decide upon these terms for you. If a couple decides to let the court divide their matrimonial property and assets, they must claim this within six years of being legally separated or within two years of a divorce being finalized.

     

     

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    divorce property division division of property 2

    Divorce Splitting Assets Service Ontario

    Child & Spousal
    Support Calculations

    Calculating and agreeing upon child support and spousal support amounts is also part of the mediation process and financial settlements.

    A divorce financial settlement can involve receiving a certain amount in child support and/or spousal support each month. Working through your own budget is a good idea to make sure you can stay on top of the expenses each month. Topics of divorce finances and budgets are part of the discussions during the mediation process. The hope is that couples can use mediation as a way to finalize division of their property. During the mediation process.

    Division of Assets Service Ontario

    Division of
    Assets

    The division of matrimonial assets is an important part of the separation and divorce process so it is important to seek advice on the topic from a professional. The separation of assets during a divorce can be extremely challenging for some couples to agree upon; therefore, couples can allow the court to decide upon these terms for you.

     

    If a couple decides to let the court divide their matrimonial assets, they must claim this within six years of being legally separated or within two years of a divorce being finalized. According to the law within Ontario, everything must be divided equally, regardless of who paid for it in the past or whose name is legally listed.

     

    There are professionals and online resources that can assist couples in calculating the equalization of assets and properties during a divorce, which will support spouses in determining how to equally divide their assets and record it on their finalized Separation Agreement.

     

     

    divorce property division division of property 8

    Divorce Financial Settlement Mediators Ontario

    Financial
    Settlements

    A divorce financial settlement can involve receiving a certain amount in child support and/or spousal support each month. Working through your own budget is a good idea to make sure you can stay on top of the expenses each month. Topics of divorce finances and budgets are part of the discussions during the mediation process.

     

    It is crucial that both parties have a good understanding of their finances during divorce, both at the time of creating a Separation Agreement and after it is signed. The goal for many couples in mediation is to try and reach resolution on all matters and feel that the resolutions that they have agreed upon feel fair. The hope is that couples can use mediation as a way to finalize division of their property. During the mediation process.

     

     

    divorce splitting assets divorce financial settlement 4

    add peace of mind with

    Ontario Mediation Service

    Lawyer-drafted
    Separation Agreements

    Divorce Property Division Laws in Ontario

    What is Family Mediation?

    Division of Property can be a painful, challenging process. Family mediation is ultimately designed to make the process of divorce splitting assets less difficult, by creating an environment that will allow both parties to divide their assets amicably. With family mediation, a qualified divorce property division professional will facilitate collaboration between you and your ex-partner and help you both reach legally binding agreements on all aspects of your separation, including your division of assets and divorce financial settlement.

    Together with your ex, you will build a fair, sustainable divorce financial settlement that reflects both of your interests, and leave the process with a clear roadmap for moving forward.

    Local Division of Property Mediators Near Ontario

    Litigation VS. Family Mediation

    Cost

    family court (litigation)

    $24,000 to $90,000 per couple, depending on the complexity of the situation.

    family mediation

    $2,140 to $7,060 per couple, depending on the complexity of the situation.

    Expectation

    family court (litigation)

    Lawyers cannot definitively tell you what it might cost to “win” your entitlements and how long the litigation process will take.

    family mediation

    Before mediation, you will be made aware of the cost and timeframe up front.

    Timing

    family court (litigation)

    Pre-trial alone can take a year and half and will require you to pay your lawyer throughout, regardless of whether your case goes to trial. A full trial can take anywhere from six months to several years.

    family mediation

    With mediation, you can reach an agreed upon resolution in as little as two weeks.

    Process

    family court (litigation)

    Both parties compete for all assets, including custody of children.

    family mediation

    Both parties will be guided to finding middle ground regarding how various assets will be divided.

    Privacy

    family court (litigation)

    If you go to court, you will be revealing intimate details of your life, finances, and relationship – all on record and publicly accessible.

    family mediation

    With mediation, any intimate details or information you provide remains completely confidential and sealed away forever.

    Decision

    family court (litigation)

    In family court, a judge will decide your future.

    family mediation

    Through mediation, you and your ex-partner will decide what is best for each other and the future of your family.

    Local Divorce Splitting Assets Service

    Our Difference

    We offer a complete suite of affordable in-person and online division of property services designed to facilitate
    amicable resolutions regarding property division, child and spousal support, parenting plans,
    and separation agreements, while providing you with a fair divorce financial settlement to help
    you finalize the mediation process.

    Our approach to the division of assets is efficient, effective, and ultimately intended to help you avoid the stressful and
    pricey process of litigation (family court).

    With over 15 years of combined experience in mediation, we have extensive knowledge of the
    systems that govern and support family structures. Simply put, we have helped countless
    families going through the divorce property division process. We’re here to help you navigate the
    division of assets process with ease so that you can move forward with your life.

    Contact us today to take your first step in the right direction.

    Divorce Financial Settlement Mediation Ontario

    Transparent. Low Cost. Convenient.

    Splitting assets can be a lengthy, costly, and
    emotionally draining process –
    but it doesn’t have to be!

    Turning Point Family Mediation is here to provide a straightforward
    pathway towards the division of assets, in an environment that remains
    personal, respectful, and completely confidential.

    Division of Property Mediator Near Ontario

    Our Process

    Our process for in-person or online divorce property division mediation is simple, efficient, and effective. We offer convenient scheduling through our online booking platform, strive to remain responsive at every step of the way, and always ensure your utmost confidentiality throughout the entire divorce splitting assets process.

    Discover our straightforward step-by-step process below.

    Save Money

    Avoid the costly legal fees of family court

    Save Time & Hassle

    Family court can be long and stressful.

    Save Your Future

    Don’t leave decisions up to the courts!

    Testimonials

    Thank you very much!
    You saved us thousands in legal fees and we are
    grateful to have worked with you.

    N.H.

    Testimonials

    Thank you Karalyn for guiding us through the process.
    I don’t think we would have the relationship we do now
    without you. You are knowledgeable and would recommend
    your services to anyone going through a separation.

    Robert R

    Testimonials

    I was very anxious going into mediation however Dana made
    me feel comfortable and confident that the process will work
    for us and it did. She was responsive and knowledgeable.
    Thank you for all your help.

    Cathy C

    Testimonials

    Thank you very much!
    You saved us thousands in legal fees and we are
    grateful to have worked with you.

    N.H.

    Testimonials

    Thank you Karalyn for guiding us through the process.
    I don’t think we would have the relationship we do now
    without you. You are knowledgeable and would recommend
    your services to anyone going through a separation.

    Robert R

    Testimonials

    I was very anxious going into mediation however Dana made
    me feel comfortable and confident that the process will work
    for us and it did. She was responsive and knowledgeable.
    Thank you for all your help.

    Cathy C

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