Each spouse must calculate their individual net family property (NFP). To do this, each spouse adds up the value of their property less any debts on the date of separation. From this, they subtract the value of their property less any debts on the date of marriage.
Original Article Source Credits: Community Legal Education Ontario , https://www.cleo.on.ca/
Article Written By: NA
Original Article Posted on: March 2021
Link to Original Article: https://www.cleo.on.ca/en/publications/propertydiv/equalization