The division of property is a big part of an Ontario divorce settlement, and it could also be a source of disagreement, stress and confusion for you, especially in a high-asset divorce. The law has an impact on how property is divided, but when you agree to divorce mediation, you have the opportunity to choose how the division of property best suits your needs.
A high-asset divorce often means more complex financial issues, which affect the financial standing of both you and your estranged spouse. This may involve pensions, household items, land, retirement benefits or investments. If you were a stakeholder in a business along with your spouse, what happens with those assets also needs to be determined during the property division stage.