Property Division

Property Division Lawyers in Edmonton, Alberta

When a marriage or common-law partnership ends, dividing assets and property can be one of the most challenging aspects of the separation. Property division involves evaluating marital assets, understanding each party’s rights, and reaching a fair distribution agreement. At Cambria LLP, we provide experienced support for individuals in Edmonton and across Alberta as they navigate property division, marital asset distribution, and business valuation. Our team is committed to helping you achieve a fair and legally sound division of assets, protecting your financial interests and enabling a smoother transition.

Marital Asset Distribution

Marital asset distribution is the process of dividing the assets and debts accumulated during a marriage or partnership. In Alberta, property division follows the principle of equitable distribution, which doesn’t always mean equal but rather fair based on each spouse’s contributions and needs. At Cambria LLP, we work with clients to establish clear, effective agreements on property division, ensuring that assets are divided justly and in compliance with Alberta’s family property laws.

Types of Assets in Marital Distribution

Matrimonial Home. The home is often one of the most significant assets and may be subject to division or transfer to one spouse.
Financial Assets. Including bank accounts, investments, pensions, and retirement accounts.
Personal Property. Vehicles, furniture, valuable collectibles, and other personal belongings.
Debts and Liabilities. Shared debts, such as mortgages, loans, and credit card balances, are also divided as part of the marital estate.

Our Marital Asset Distribution Services Include

Asset Identification and Valuation. We help identify and accurately value marital assets to ensure all property is considered fairly in the division.
Negotiation and Mediation Support. Our team works to reach agreements on property division through negotiation and mediation, minimizing court involvement.
Representation in Court if Necessary. If disputes cannot be resolved outside of court, we provide assertive representation to protect your rights in property division cases.

Have questions about property division? Contact Cambria LLP at 780-540-8100 to speak with a family lawyer about equitable asset distribution in your case.

Business Valuation

When one or both spouses own a business, determining its value is crucial for equitable property division. Business valuation involves assessing the financial worth of the business, including tangible assets, intellectual property, goodwill, and projected earnings. Cambria LLP provides experienced business valuation support, working with financial experts to determine the fair market value of business interests in divorce proceedings. Our goal is to ensure a transparent valuation process that protects your financial interests.

Key Considerations in Business Valuation

Business Assets and Liabilities. Evaluating the business’s tangible and intangible assets, including real estate, equipment, patents, and debts.
Earnings and Cash Flow Analysis. Assessing income, cash flow, and projected earnings to determine the ongoing value of the business.
Market Conditions and Goodwill. Analyzing market trends and the goodwill associated with the business to establish its fair market value.

Our Business Valuation Services Include

Coordination with Financial Experts. We work with financial analysts and business appraisers to ensure accurate, objective valuation.
Equitable Division of Business Interests. We help establish fair distribution terms, whether through buyouts, compensation arrangements, or asset division.
Protection of Business Interests. For business owners concerned about the impact of divorce on their company, we provide strategies to minimize disruption and safeguard the business’s continuity.

Need a business valuation? Call Cambria LLP at 780-540-8100 for guidance on valuing and dividing business interests in a divorce.

Ensure a Fair Property Division with Cambria LLP

Navigating property division during a divorce requires careful planning, accurate valuations, and a fair approach. At Cambria LLP, our experienced team is here to provide the support and guidance you need to protect your financial future. Contact us at 780-540-8100 to discuss your property division, marital asset distribution, and business valuation needs with our Edmonton-based family law team and take the next steps toward a secure future.

Frequently Asked Questions

How are business interests divided in a divorce?

Business interests are typically subject to valuation and equitable division. Options include selling the business and dividing the proceeds, one spouse buying out the other’s interest, or other arrangements that compensate one spouse for their share. Our team can help you determine the best approach based on your unique situation.

What is considered a marital asset in Alberta?

In Alberta, marital assets generally include all property and debts acquired during the marriage, regardless of whose name is on the title. This includes the matrimonial home, bank accounts, investments, vehicles, and shared debts. Some exceptions may apply for assets acquired before the marriage or as an inheritance, though they may still be subject to division if they were used for family purposes.

Can a business valuation affect the overall property division outcome?

Yes, a business valuation can significantly impact property division. A properly valued business ensures that each spouse’s share is accurately reflected in the division of assets, leading to a fairer distribution. If one spouse retains ownership of the business, they may need to compensate the other spouse for their share.

Do I have to go to court to resolve property division?

Many property division matters can be resolved through negotiation or mediation, allowing both parties to reach a fair agreement without court intervention. If disputes cannot be resolved outside of court, our team provides assertive representation to protect your interests in family court.

Why Choose Cambria LLP for Family Law Services?

At Cambria LLP, we recognize that family law matters—whether they involve child custody, spousal support, property division, or adoption—can be deeply personal and emotionally challenging. Our experienced team combines a compassionate, client-centered approach with in-depth knowledge of Alberta’s family laws to provide clear guidance, practical solutions, and steadfast support. We prioritize your needs and work diligently to achieve fair outcomes that promote stability and positive family dynamics.

Protect Your Family’s Future Today

At Cambria LLP, we understand that family law matters require thoughtful guidance and a personal touch. Whether you're navigating a divorce, child custody arrangements, or high-net-worth property division, our experienced team is here to provide clear, compassionate support every step of the way. Let us help you find practical solutions that safeguard your rights and promote stability for you and your loved ones.

EDMONTON DIVORCE LAWYERS

Property Division