Yes, couples in Ontario can divide assets through mediation, negotiation, or arbitration without court involvement.

Splitting assets outside of court in Ontario offers a more cost-effective and efficient alternative to litigation. Couples can work with qualified professionals to reach a fair settlement through several methods:

• Mediation – A neutral third party helps facilitate discussions and agreements
• Negotiation – Lawyers represent each party to work out terms cooperatively
• Collaborative divorce – Both parties and their lawyers commit to settling outside court
• Arbitration – A private arbitrator makes binding decisions in a less formal setting

Working with professionals like divorce mediators, financial analysts, or family lawyers can help ensure the agreement is legally sound and equitable for both parties. Once reached, the settlement can be formalized through a separation agreement.