Tag: Role of Divorce Lawyers
How Toronto Divorce Lawyers Handle Complex Asset Division
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
- 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.