When families go through a separation, the accompanying financial uncertainty can be overwhelming, especially when children are involved. While as a parent you want to ensure that your children’s needs are met, understanding your child support obligations and rights under family law may seem daunting. In this post, we explore …
Is Child Support Based on Current or Past Year’s Income: A Quick Look at How Child Support is Calculated in Alberta
Navigating the complexities of child support payments amidst a separation can feel overwhelming. As a parent, it’s crucial that you understand your rights and obligations under family law throughout the process while ensuring a stable and supportive environment for your children. In Alberta, child support payments are regulated by the …
Section 7 Expenses in Alberta Family Law: A Comprehensive Guide
Family law matters often involve various expenses related to children’s upbringing, education, and extracurricular activities. In Alberta, Section 7 of the Federal Child Support Guidelines addresses these additional expenses and provides a framework for sharing the financial responsibility between separated or divorced parents. In this blog post, we’ll explore what …
Child Support Calculators in Alberta: How They Work and What You Need to Know
Child support is a critical aspect of any divorce or separation involving children. It is essential to ensure that children have the financial support they need to thrive, regardless of the circumstances of their parents. In Alberta, child support is calculated based on a set of guidelines that take into …
10 Tips for Dealing With Divorce & Family Law Matters
The complexity of Divorce and Family Law matters can be an overwhelming challenge for any spouse. Although lawyers and judges have seen almost every version and variation of a divorce, spouses experiencing it for the first time encounter a steep learning curve. It would be oversimplified to distill such an …
Divorce FAQs: “The Only Stupid Question is the One Not Asked”
Ending a relationship is an extraordinarily difficult emotional decision. Mental health experts say that the divorce or separation grieving process is similar to that arising from the loss of a loved one. Even the legal consequences of that decision are not only trying, but sometimes traumatic. Although there are ways …
Safeguarding Enforceability of Domestic Contracts
APOCALYPSE NOW REDUX: SAFEGUARDING ENFORCEABILITY OF DOMESTIC CONTRACTS AND EXERCISING PROFESSIONAL RISK MANAGEMENT Whether generated by the genuine good faith efforts of the parties or a subtle exploitation of leverage and ultimate capitulation, if nothing else, the Domestic Contract is the physical representation of the joint intention of the parties. …
Divorce for business owners: Keeping emotions and money apart
When going through a divorce, small family businesses present a significant risk and challenge. Many married couples also happen to be joint-owners of small businesses. Running a business with a spouse can prove particularly beneficial since both owners tend to trust one another more than they would other business partners. …
Breaking Up – CBA Checklist
The Canadian Bar Association has published a helpful checklist of money-saving tips that assists in dealing with any potential financial consequences of relationship breakdown. Recognizing that break-ups can be a difficult and emotionally turbulent time, the checklist works as a preliminary tool that: Describes how to prepare for the first …
Tax Matters Toolkit: Separation & Divorce
The Canadian Bar Association has published the “Tax Matters Toolkit: Separation & Divorce” to assist separating parties understand potential tax consequences of relationship breakdown. The Toolkit notes that separation decisions, especially regarding children, property, or pensions, have tax implications and may affect parties’ future finances. To assist in becoming informed …