Couples going through a separation in British Columbia need to divide their property according to the BC Property Division Act. The act states that all assets and debts accumulated by the couple before and after marriage (excluding property they owned separately) should be divided equally after separation.
Our property division lawyers in BC help you with fair and efficient property division. From preparing the property division agreement to taking you through all relevant legalities, we will guide you throughout the process. Property division can get complicated and our lawyers will assist you in completing the procedure as seamlessly as possible.
Along with facilitating property division, our lawyers also help you resolve disputes along the way. Suppose you believe you are not receiving the share you deserve or have proof that goes against the default BC Property Division Act. In that case, we will assess your case and take you toward the best possible outcome according to the circumstances. Our property lawyers in BC also handle cases involving alimony after separation.
Property division often goes beyond a division of assets. It also involves child custody, spousal support, and more. Cube Law will help you make the necessary arrangements for your kids and former spouse, whether you are at the receiving or the giving end.
Our lawyers will do their best to resolve any disputes arising during property division seamlessly. We understand the possibility of differences and help our clients navigate all roadblocks one step at a time.
The BC Property Division Act requires a couple to distribute the assets and liabilities accumulated while they stayed together before and after marriage. It does not include the individual assets of each partner before cohabitation in British Columbia.
The BC law requires each partner to receive 50% of the total property’s share. This includes all assets and liabilities of the couple since cohabitation. However, the property division may change if there is proof of the couple having made their own agreement. The 50% property division rule will not apply in such cases.
A property division lawyer in BC will guide you throughout the procedure of sharing your assets and liabilities with your former partner after separation. They also help you with matters like spousal support, child custody, alimony, and more. Your property lawyer will mediate in the case of any disputes and do their best to not send you to trial.
If you believe you are getting an unfair deal after the property division, our lawyers will help you resolve the issue. They will contact your former partner, analyze the matter according to the BC Property Division Act, and ensure that you get a fair deal.
We know life can be challenging. Unforeseen circumstances and unplanned events can mean big changes. That’s why we’re here. We bring the right support, guidance, advice and assistance to help you navigate the tough times…and make life just a little bit easier to handle.
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