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Property · Equalization
Equalization Payment Calculator
When married spouses separate, Ontario equalizes the growth in each spouse's net worth during the marriage under sections 4–5 of the Family Law Act. Enter each spouse's figures to estimate the net family property (NFP) and the equalization payment. (Applies to married spouses only.)
The matrimonial-home rule: if you owned the home you were living in at separation
before you married, you cannot deduct its marriage-date value. Enter that marriage-date
value in the “matrimonial home owned at marriage” field so the calculator removes it from your
deduction. This often changes the result significantly.
Disclaimer: Estimates an equalization payment under Part I
of Ontario's Family Law Act as general information only. It does not account for unequal division
(s. 5(6)), valuation disputes, tracing of excluded property, pensions, or tax/disposition costs,
and applies to married spouses only. Not legal advice. For your situation,
contact Ryan Manilla.