Part 4b Financial Disclosure in Family Law Ontario-Assets | Land

Family Lawyer Shmuel Stern is our special guest in this series of videos on financial disclosure in family proceedings in Ontario, Canada.
Warning: The videos on Litigation Help are intended to provide general legal information only. They are not substitutes for legal advice from a legal professional. We do not warrant the accuracy of any of the information in the videos. They are entertainment, informational videos only meant to provide some context to common legal terms or doctrines. If you require legal help, please consult a professional directly.
TIMEMARKS
0:40 Matrimonial home and the different kinds of ownership (sole, joint, tenant in common, ETC.)
2:35 Opinion evidence is needed to get the market value of the asset
3:41 What to do if you don't have the appraisal done yet?
IMPORTANT POINT:
5:38 Quirk #1!! For matrimonial home: "If you own the home on date of separation AND at date of marriage, you do not deduct the value from the equalization calculation."
6:58 Compare to the information for an Investment property
PREVIOUS VIDEOS IN THIS SERIES
Part 1 | Introduction; • Financial Disclosure i...
Part 2a | Income • Part 2a: Financial Dis...
Part 2b | Income • Part 2b: Financial Dis...
Part 3 | Expenses • Part 3: Financial Disc...
Part 4a | Assets- Intro; preparation and getting organized; terms explained: date of marriage/valuation/co-habitation • Part 4a: Financial Dis...
Speakers
Shmuel Stern
Disclosure Clinic: disclosureclinic.com
Heather Hui-Litwin
Litigation Help: litigation-help.com