After clearly identifying and valuing the pool of assets, liabilities, and financial resources to be divided, the considerations in a family law property settlement are primarily around contributions and future needs:
- What were the financial and non-financial contributions to the acquisition, maintenance, and improvements to property accumulated during the relationship;
- In what ways did each party contribute to the care and welfare of the family, including contributions as homemaker and parent;
- Will there be any disparities in the future, such as in each party’s income and ongoing responsibility for the care of the children.