A property settlement is determined in four steps. The first step is to identify and value the property pool. The property pool will include assets and liabilities owned jointly, owned by either of you solely or owned by either of you with some other person. The second step is to assess the financial and non-financial contributions made by the parties or on their behalf as well as the contributions to the welfare of the family. Thirdly consideration is given to any adjustment that needs to be made for future factors. Those future factors include, but are not limited to, your ages and health, the ages of children and who they spend their time with, employment capacity, duration of the marriage, child support paid etc. Finally consideration is given to whether the result of steps two and three provides a just and equitable outcome for the parties.