Equalization of Net Family Property at Cohen Highley LLP

Equalization of Net Family Property

Equalization of Net Family Property is the process of calculating and dividing the financial growth that occurred during a marriage. The process involves each spouse calculating the total value of their property, as of the date of marriage and at the time of separation, minus their debts and liabilities. Assets may include investments, business interests, pensions, real estate, cars, etc. The spouse who has the higher net property will pay an equalization payment to the other spouse to ensure a division of the financial growth.

There are exceptions and exclusions to property and debts included in calculating equalization. Please contact a Cohen Highley family lawyer to discuss your unique situation.

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    We hold ourselves accountable for the quality of our work on every file and for every client. We are committed to meeting the needs of our clients, while acting fairly, firmly and with integrity. We will innovate and adapt to enable us to achieve practical and effective legal solutions.

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