Thursday, April 28, 2005

How to divide marital property

Q: My wife and I are preparing to seperate and we need advise on what has to
be done to divide assets (i.e. lake property, vehicles, investments, etc.).
Does your service cover this? If so, where can we get the info from?

A: Our service cannot provide legal advice. However, we can provide general
information. Usually a division of property is done by way of a separation
agreement. In addition, if title to real estate is to change, a deed will
probably be needed. Other documents may also be needed for transfering
ownership of other items such as vehicles, investments, pensions, etc. The
document to start with is the separation agreement.

You can agree upon the terms to be included in your separation agreement by
direct negotiation or assisted negotiation (using a mediator), or by having
lawyers do the negotiating for you.

If you have agreed upon the terms of your separation agreement, we can can
assist you by putting it in a standard format.

We hope this is helpful.

Support Desk
support@divorceonline.ca
www.DivorceOnline.ca