Following a lengthy marriage between two medical professionals, the parties proceeded to trial to resolve financial issues including equalization of net family property, spousal support, child support, and section 7 expenses.
The court determined that equalization under the Family Law Act was appropriate and rejected the applicant’s claim for an unequal division under s. 5(6), finding that equalization would not be unconscionable.
The court calculated an equalization payment and addressed numerous disputed property valuation issues, including notional disposition costs and treatment of premarital assets.
The court also found the applicant entitled to spousal support on both compensatory and needs-based grounds due to reduced earning capacity after assuming greater childcare responsibilities during the marriage.
Orders were made for ongoing spousal support, retroactive support adjustments, set‑off child support, allocation of section 7 expenses, life insurance to secure support obligations, and timelines for vacating the matrimonial home.