Fast Facts on Matrimonial Property

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#1: Matrimonial property is property that is acquired during the relationship.

#2: The individuals can be married or unmarried couples.

#3:  Matrimonial property includes property that is solely in the name of the other party.

#4:  It is in your best interest to consult with an experienced Family Law lawyer before agreeing to any property split.

#5:  You do not need to go to court to settle property division issues.  However, for your own protection, you should consult with a lawyer before agreeing to any property division.

#6:  A completed Agreement is called a Minutes of Settlement or Separation Agreement.  Agreements that are not drafted or executed properly will not stand up in court. 

#7: A Separation Agreement can be arranged through Mediation or you and your former partner can come to an agreement and have it drafted by a Family Law lawyer.

#8: Property acquired prior to the relationship may be exempt from division.

#9: Certain types of property are not divisible - contact us to find out what is divisible and what is not.

You have questions about Alberta law. We have answers.

Q: What are Legal Costs?
Legal Costs are court costs that are awarded with discretion by the Courts. In Alberta, these costs are well below what you pay to your lawyer for legal services. Legal Costs are set out (the court has the discretion to vary from these guidelines at any time) in Schedule C of the Alberta Rules of Court.

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