Tag: Do You Legally Need a Divorce Lawyer for Arbitration?
Do You Need a Divorce Lawyer for a Private Arbitration?
What Issues Can Be Resolved in Private Arbitration?
Private arbitration offers a flexible and confidential alternative to traditional court proceedings, particularly for separating or divorcing couples in Toronto who want to avoid lengthy litigation. In family law, many issues can be addressed through arbitration, including:
- Division of Property and Equalization of Net Family Property:
Arbitrators can determine how assets and debts should be divided based on Ontario’s equalization rules. This includes evaluating the matrimonial home, pensions, RRSPs, investments, and other marital property.