Tag: Considerations for High-Net-Worth Individuals

Complex Asset Division

Divorce proceedings can turn stressful and emotionally charged, with the division of assets often standing out as a particularly contentious issue. In Toronto, as in many jurisdictions globally, Toronto divorce lawyers frequently grapple with the nuances of complex asset division.

Types of Complex Assets
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• Businesses: Dividing business assets emerges as a significant challenge. Businesses, especially those family-owned or closely held, necessitate a thorough evaluation to ascertain their true value and to determine a division strategy that minimally disrupts operations.
• Investments: This category includes stocks, bonds, mutual funds, and retirement accounts, whose values are subject to market fluctuations, complicating equitable division at any moment.