We are in the process of dividing our assets.

You are both entitled to declare pre-marital assets and debts in order to have them taken into consideration when comparing your respective net worth on the date of separation. In short, she is entitled to seek a “deduction” of the approximate $200,000.00. The issue is whether a Judge would provide this deduction to her based on the facts of your case, especially if you are not aware of this account and it has now been dissipated to zero. This is an important issue for you, given the substantial amount involved, and thus I recommend that you telephone me at 877-668-9386 for a free consultation. Once you have provided me with full details surrounding this account I will provide you with guidance.

(The information provided above is general, not legal advice, as circumstances vary from case to case. As well, generally speaking, the above information relates to Ontario law. Thus, if you wish legal advice that you can rely upon for your specific case, or if you are making inquiries where Ontario law may not apply, please contact Douglas Briand for a free consultation).