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 …
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 …
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. …
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 …
Consequences of ignoring an order following a family law dispute
For most people, a court order or judge’s decision marks some sort of conclusion in a legal conflict. For others, it can be the beginning of a new set of worries, this time related to the other party’s compliance with the order. Many Alberta individuals in the midst of a …
How child support and custody impacts separated parents’ taxes
There are many things parents need to consider after separating from their significant other. Among the many considerations are changes to one’s tax status. The tax situation of a newly single parent can vary greatly depending who maintains child custody, who is paying child support and how child care expenses …
Managing child custody issues with long-distance parents
Co-parenting is difficult enough when both parties are in the same city or region. But, for parents who live in very different parts of Alberta or even in different provinces all together, managing child custody issues responsibly can be an even bigger hurdle. Maintaining a bond with a child allowing for reasonable …
Reclaiming financial independence following divorce
The financial stress of a divorce is a frequently discussed topic. Alberta individuals and couples at every stage in a divorce have questions about how to pursue the dissolution of their marriage without creating a seemingly impossible level of financial stress. Navigating divorce mediation in the right way, connecting with …
Can a spouse claim property rights over a business in divorce?
When it comes to getting a divorce, business owners may have a few extra things to worry about. Business that began or grew during the marriage can sometimes be considered marital property that needs to be divided during the family law process. Understanding how Alberta property rights impact business ownership and …
Collaborative law and other options when seeking a divorce
Those who are seeking to end their marriages may know that legal support is needed for the process, but what might that support look like? In Alberta divorces, there are few avenues individuals can go through to resolve family law issues. The most commonly pursued are collaborative law, mediation or “traditional” litigation. …