Managing the Family Business

Managing the Family Business in Divorce Mediation

Many people are aware of common divorce issues like child custody, spousal support and the fate of the family home. But, for the many married couples who own and operate a business together in Alberta, the fate of the family business can be one of the hardest things to tackle in divorce mediation. There …

Finding Solutions

Finding family law solutions when there are child abuse concerns

Child abuse is a very challenging issue to navigate. Finding family law solutions in a situation where a parent or someone in the household is suspected of abusive behaviour can be particularly unsettling and legally contentious for all involved. Those who are accused of abuse, or those who suspect abuse …

Holidays

Navigating co-parenting and child custody during the holidays

Co-parenting comes with challenges any time of year, but the holidays can be a particular struggle.Divorced parents in Alberta often contend with issues like child custody schedules, differing traditions and how much to spend on presents. They may also argue over Christmas, New Year’s and other celebrations. While there are …

high asset divorce

Important financial considerations in high asset divorce

Couples who have become acclimated to a certain lifestyle, or who hold a significant amount of wealth, have particular considerations when they choose to end a marriage. In Alberta, even high asset divorce can leave one or both parties with concerns about their financial well-being. What can be done to …

Family Law Dispute

Three big challenges that may accompany a family law dispute

Conflict is never easy, and when a family issue enters the legal arena, it often becomes even more difficult to manage. A family law dispute, in particular divorce, can bring with it several stressors. It is a good idea for Alberta individuals to prepare for these challenges ahead of time …

Domestic Contacts

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. …

Business Owners

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. …

Checklist

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

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 …

Grey Divorce

Rise of grey divorce poses unique financial questions for couples

Without proper planning, retirement funds could be compromised by late divorce Divorce is becoming increasingly prevalent among Canadian seniors and with the rise of such ‘grey divorces’ come unique financial considerations. While younger divorcing couples may have concerns about issues such as child support, older couples are more likely to …