Home › Property Division
Every asset and debt listed and valued, exclusions tracked, and the equalization payment calculated.
Property is where the biggest numbers in a separation live, and where a missed detail costs the most. Divii walks you through listing everything the two of you own and owe, in both names and in each name, valuing it, and tracking what's excluded. The result is a complete Property Schedule, a calculated equalization payment, and division decisions made with the whole picture rather than a guess.
Writes: your property division terms and the equalization payment.
How the tool works
The order matters. List assets and debts with proper values first, exclude what should not be shared under the law, then allocate who keeps what family property.
Homes, accounts, vehicles, pensions, RRSPs, businesses, and the debts too. In both names and in each name, because title isn't the end of the analysis.
Values for each item, and a record of what was brought into the relationship or received as a gift or inheritance, so exclusions are tracked, not forgotten.
Divii totals both sides of the ledger and calculates the equalization payment that balances the division you're considering.
Who keeps what, who pays what to balance it. Your decisions become the property clauses, and the Property Schedule attaches to the agreement.
The distinction that drives everything
Most property confusion in BC separations comes down to one distinction. Divii teaches it where it matters, beside the asset you're entering.
What either of you acquired during the relationship, whichever name it's in, is generally family property, shared equally along with family debt.
The home, the savings built during the relationship, the pensions earned during it, the businesses grown during it.
What one of you brought into the relationship, and certain gifts and inheritances received during it, is generally excluded from division.
The catch most people miss: the increase in an excluded asset's value during the relationship is typically family property, and shared.
Where genuine complexity lives is usually in values, not concepts: what the business is worth, what the tax consequences of a transfer are. For those, targeted experts, a valuator, an accountant, cost a fraction of handing the whole process over.
Where it goes
Everything you list and value becomes the Property Schedule attached to your agreement, the complete record of what existed and what it was worth. Your division decisions become the property clauses: who retains what, and the equalization payment that balances it.
It's a detail most templates simply don't have: a generic separation agreement template contains no property listing at all, nothing that prompts you through assets, exclusions, or the balancing payment. In Divii, every number in the division traces back to the Schedule: what existed, what it was worth, and who keeps it.
Jane will retain the RBC Joint Investment Account [2355], the value of which is accounted for in the Property Schedule attached to this Agreement and factored into the overall distribution of property between the parties.
Numbers first, advice where it counts
Divii does the listing, the math, and the drafting. Professionals are there to review and provide advice and guidance. You can add them at any point throughout the process.
The full property picture listed, valued, and characterized, with the equalization payment calculated and the clauses drafted from your decisions. One flat payment per agreement. Inviting your spouse is free.
A guidance session and file review, or facilitated mediation when the division conversation stalls. Targeted experts for values where you need them. Get in touch and we will point you to the right path.
Whether the division is fair for your situation, and what the tax and legal consequences of who-keeps-what are, is exactly what independent legal advice is for.
This is the hybrid legal approach. Read how it works →
Every Divii tool, all education and videos, and your finished BC Separation Agreement. Per agreement, not per person.