What is the appropriate date for division of matrimonial assets?

Nova Scotia, Canada


The following excerpt is from Wakkary v. Wakkary, 2001 NSSC 10 (CanLII):

There arises legal problems, including the appropriate date for division of the assets. I refer to Lynk v. Lynk (1990), 92 N.S.R. (2d) 1 at p. 6 where Chipman J.A. states: It remains to determine the value of the asset. Generally, the date of valuation of the matrimonial assets is the date of the commencement of the proceedings, which may be varied at trial in accordance with the evidence. The court found that the evidence was unclear as to the amount owing at the time of the petition for divorce and determined that the appropriate time to value the assets was the time of trial.

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