Property Division after Divorce

Posted in Location, Ontario, Ottawa, Property by Questions on March 25, 2014

My spouse and I want to divorce but remain living in the home until our children are out on their own. Can we divorce now and divide our assets at a later date, i.e. when the kids move out and we decide to sell the house? We agree that everything will be divided equally.

1 Expert Comment

  1. On March 25, 2014 at 2:06 pm
    A Family Lawyer said:

    You can apply for a divorce even though you are living separate and apart but under the same roof. There is a limitation of two years from the date of the divorce to divide your property. If you do not resolve the property division issue within those two years you may not have standing to make that claim. But, yes you can divorce and then divide property.

Leave a Reply

Copyright © 2020, All Rights Reserved.
150 King St W, Suite 239. Toronto, ON, M5H 1J9