JP Boyd's BC Family Law Resource: Property Division Guesstimator

Property Division Guesstimator
For Married Spouses
Version 1.0 · by John-Paul Boyd

JP Boyd's BC Family Law Resource
www.bcfamilylawresource.com

The Guesstimator:

Enter the length of your marriage in years:

Enter the number of years that have passed since your separation:

Enter your age:

Enter your spouse's age:

On a scale of 1 to 5, rate your employability, with 1 being currently employed, or employable within two years, and 5 being permanently unemployable:

On the same scale of 1 to 5, rate your spouse's employability:

Enter the total number of years you did not work outside the home during your marriage:

Enter the number of years that have passed between your last employment outside the home and the date of your separation:

Enter the total number of years your spouse did not work outside the home during your marriage:

Enter the number of years that have passed between your spouse's last employment outside the home and the date of your separation:

If you received an inhertance or court award during your marriage, how long before the date of your separation did you receive the inheritance or award?

If your spouse received an inhertance or court award during your marriage, how long before the date of your separation did he or she receive the inheritance or award?

Errors in Input:

Results:

The Explanation:

> "Length of marriage" excludes any period of unmarried cohabitation.

> "Total equity" means the resale value of the assets minus any debts.

The Assumptions:

> Spouses will have an equal share in the family assets at seven years of marriage or more.

> In shorter marriages, each spouse will get more of what they contributed to the family asssets.

> Where a marriage was particularly long and a spouse is unable to find work outside the home, that spouse is likely going to receive more than hald of the family assets.

> Any court awards or inheritances received during the marriage were used for a family purpose. However, note that court awards or inheritances not used for a family will not likely be found to be a family asset; the guesstimator does not account for this possibility.

> The guesstimator does not account for excluded business assets or "other" assets that are not family assets.

> A lengthy period of unemployment outside the home diminishes the likelihood of finding employment following separation.

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The author makes no promises, warranties or guarantees of any nature that the results produced by this calculator are accurate.
The author will, in fact, guarantee that these results are not accurate.
This guesstimator is purely a creation of whimsy and does not represent or purport to represent any government-sanctioned or legislated formula regarding the division of assets.