At MM Law, our property division lawyers provide clear, decisive legal guidance on all matters arising under Alberta’s Family Property Act. Our goal is to ensure that our clients’ legal and financial interests are fully protected.
In Alberta, the division of property following a marriage or common-law relationship is governed by the Family Property Act (formerly the Matrimonial Property Act). This legislation sets out the rules for determining which assets and debts are subject to division, how they are valued, and how they should be allocated between spouses.
While the law presumes that most family property will be divided equally, there are notable exceptions. Property acquired before the relationship, inherited assets, or gifts from third parties may be classified as exempt property, provided they can be traced and proven.
Accurate valuation of all assets, including real estate, bank accounts, business interests, and personal property.
Strategic negotiation or litigation to achieve a fair and equitable outcome.
TESTIMONIAL
Most property acquired during the relationship is subject to division under the Family Property Act, unless classified as exempt property.
The matrimonial home may be sold, transferred to one spouse, or awarded for exclusive possession, depending on the circumstances.
In limited cases, yes. For example, if one party fails to disclose significant assets.
We can compel disclosure through court orders, financial investigations, and other legally enforceable measures.
