Not exactly… property owned by one spouse before the relationship remains the property of the spouse… it is called EXCLUDED property. However, any gain in market value is divisible.
True.
I know the horse has already bolted, but if anyone is thinking of getting married, or thinking of moving in with someone, then you really need to get a financial statement outlining all your assets before you make the big move (think prenup). People change.
Not cheap, but ended up saving me a lot of money quite a few years ago:
Lawrence A. Kahn, Q.C.
Kahn Zack Ehrlich Lithwick
Barristers [HTML_REMOVED] Solicitors
270 - 10711 Cambie Rd.
Richmond BC V6X 3G5
Phone: 604.232.7208
Email: [email protected]