Wednesday, June 18, 2025

Wise Law's Family #LawFact of the Day: Net Family Property in Ontario #law #legal #separation #FamilyLaw


Ontario’s Family Law Act (FLA) governs the equalization and division of property between spouses upon marital separation.

It applies only to spouses who are legally married.

A spouse may be entitled to an equalization payment where their net family property is less than the net family property of their spouse.

- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net

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