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Family Law Simplified

The (50%) increase in equity (after debt) in property that each spouse has acquired after the marriage until they separate. (The Separation Date)

Example

If one spouse has $200,000 in equity and the other spouse has $400,000, the Total is $600,000.
Each spouse must receive $300,000. The Payor ($400,000) Pays the other one, $100,000, so each has to have $300,000

 

Contact Stan Gelman to assist with your questions
 

sgelman.sglaw@rogers.com • phone: 905 270 5110