September 6, 2023 – Independent Valuations

“I adopt the reasoning of Lemon, J. in Kraemer v. Kraemer 2019 ONSC 944 and Akbarali, J. in Laurent v. Laurent, 2019 ONSC 3535 (S.C.J.), citing Menage and Conway v. Conway (2005), 2005 CanLII 14136 (ON SC), 16 R.F.L. (6th) 23 (Ont. S.C.): Parties have the onus to provide credible, authentic evidence of the accurate value of their assets and liabilities on the date of marriage and the date of separation. While disclosure must be relevant and proportional, where the value cannot be readily determined or there is serious dispute, an independent valuation may be required.”

            Witkin v. Storm, 2022 ONSC 6221 (CanLII) at 17