Division of Property Services

Division of Property Lawyers in Toronto

When a marriage or common-law relationship ends, dividing property can quickly become one of the most complex and disputed issues. The matrimonial home, family business, pensions, debts, and investments all come into play. Without clear legal guidance, you risk losing more than you should or facing years of costly disputes.

At Krol & Krol, our Toronto property division lawyers bring clarity and strength to the process. We know Ontario’s Family Law Act inside and out, and we protect your financial rights from start to finish.

Why You Need a Property Division Lawyer

  • Accurate calculation of Net Family Property (NFP) for married spouses
  • Proper treatment of the matrimonial home, regardless of ownership for married spouses
  • Protection of excluded property such as inheritances or gifts for married spouses
  • Fair treatment of debts and liabilities
  • Business and pension valuations by appropriate professionals
  • Enforceable agreements or court orders to finalize division
  • Representation in contested disputes where large assets or disagreements are at stake

Without legal representation, you risk unfair settlements or missed entitlements.

Key Property Issues We Handle

Our Toronto property division lawyers assist with every aspect of separation-related asset and debt division:

Net Family Property (NFP) Equalization

Calculating the equalization payment owing from one party to another, determined through assets and debts held at marriage and separation and accounting for any exclusions relevant to your case.

Retirement
Accounts

Ensuring you understand your options when it comes to a division of any pensions and retirement accounts, in addition to assisting to implement this division.

Professional Assets
& Businesses

Making sure you secure valuations for family businesses, professional practices, and partnerships.

Debts

Clarifying responsibility for personal and joint debts, credit cards, and loans.

Exclusions

Determining if an exclusion is applicable to your situation, and if so ensuring that it is fairly reflected in the equalization.

Hidden Assets

Assisting to uncover undisclosed accounts, investments, or property transfers and guiding you to the relevant financial experts, when needed.

Matrimonial
Home

Protecting your rights in the family home, including sale, buyout, or continued occupancy.

Common-Law
Property

Advising unmarried partners using trust claims, unjust enrichment, or constructive trust remedies.

Property disputes can feel overwhelming, but our process simplifies and protects:

  1. Consultation – We review your financial situation and explain your rights.
  2. Disclosure & Valuation – We ensure full financial disclosure and obtain expert valuations if needed.
  3. Negotiation or Mediation – We pursue fair settlements outside court whenever possible.
  4. Court Representation – If disputes escalate, we represent you with full strength in Toronto courts.
  5. Final Resolution – We secure agreements or orders that are enforceable and protect your financial future.

What to Expect with Krol & Krol

Why Toronto Clients Choose Krol & Krol

Clients across Toronto rely on us because we combine deep legal knowledge with proven results in property disputes.

  • 35+ years of experience in Ontario property division cases
  • Expertise in both married and common-law separations
  • Strong track record handling complex, high-asset cases
  • Transparent fee structures with no hidden surprises
  • Clear, plain-language guidance throughout the process

FAQs About Division of Property

Married spouses equalize net family property under the Family Law Act. This means that each spouse keeps what they brought into the marriage (with some exceptions), and the increase during the marriage is shared. There are exceptions to this structure.

No. Common-law partners don’t automatically share property. Claims are based on trusts or contributions, which require strong legal representation.

The matrimonial home is treated differently. For example, married spouses have equal possession rights, even if only one name is on title.

Gifts, inheritances, and personal injury awards are generally excluded if kept separate and exist on separation, though the matrimonial home exception may affect this rule.

Yes. Debts, loans, and liabilities are part of property equalization.

Courts require full financial disclosure. We use legal tools and recommend forensic accountants to uncover hidden property.

Generally, once finalized, property division is permanent. Exceptions exist for fraud, mistake, or failure to disclose.

Speak With a Division of Property Lawyer in Toronto Today

Your financial security depends on a fair division of property. Don’t risk losing assets you’re entitled to or being left with debts you shouldn’t owe.

Contact Krol & Krol today to schedule your consultation with an experienced division of property lawyer in Toronto. We’ll protect your rights and secure the fair outcome you deserve.

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