Property and debt division family lawyer in Vancouver – The Experience and Skill to Secure Your Financial Future.
If you and your spouse are married or have lived together in a marriage-like relationship for at least 2 years, it is likely that the property and debt division scheme in BC Family Law Act will apply to your case. Under the BC Family Law Act property is divided into two category: family property and excluded property. Family property and debt is split equally, unless it is significantly unfair.
Our property division lawyers, at the outset, provide you with a strategy setting out how to protect your property interests to ensure that your share of the property is maximized or protected to the greatest extent possible. We will also advise you about the viability of various options you have and possible defences you could raise so that you can make an informed decision about how to proceed. We specialize in property settlements involving complex untangling of finances, including cases involving corporate, trusts and international interests. Whatever you financial picture, we have the skills to ensure that you achieve a favourable property settlement. Contact us to strategize your case together.
It is important you address any issues arising from the breakdown of your relationship as soon as possible. Decisions made in the short term can have serious implications for your financial future. Even if your partner has not raised the issue of property division, you should seek legal advice to make sure you know your entitlements before it may be too late. It is important to know the applicable time limits for property division, which vary depending on whether you were married or living common law.