Brian A. Adair can help you divide your matrimonial property in Red Deer if you are going through a divorce. Matrimonial property is anything owned by either or both spouses before or during their marriage. This property can be a house you and your spouse owned during their marriage, but it is also considered to be the contents of the home, vehicles you both owned while married, work pensions and certain debts. Some things are excluded from the standard definition of matrimonial property. Some of these include gifts, inheritances, trusts, personal items like clothing, business assets, and insurance proceeds. When a couple separates, the matrimonial property must be divided. In most cases, matrimonial property is divided equally. You and your spouse can decide on whatever agreement you want as well. Contact us today for more information on this service.
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