When a relationship ends, dividing property can become one of the most contentious issues. In Canada, most assets acquired during the marriage are shared equally. This includes real estate, investments and even pensions. However, some assets may be excluded, such as inheritances or gifts received by one spouse. The family home is treated differently. Even if only one spouse owns it, both may have equal rights to it if it was the matrimonial home. Debts are also divided, which surprises many people. Credit card balances and loans may be shared responsibilities. Proper valuation of assets is critical. Mistakes can lead to unfair settlements. A family lawyer can help ensure full financial disclosure and protect your interests during negotiations.