On the surface, declaring income for a divorce may seem relatively straight-forward. However, it often becomes a matter of far more than just presenting last year’s tax return. For Alberta workers who must factor in commission, bonuses or even a job change, estimating and identifying income can become a challenge. It …
Divorce settlements are almost always based on certain assumptions, including an assumption about the projected future earnings of each spouse. This information is often considered when calculating spousal support in Alberta. But what happens when a job loss takes place during a divorce? There are a few things divorcees should know about …
Individuals receiving spousal support may be cheering when their former spouses get substantial pay raises. Increasing the amount of spousal support after a payor gets a raise is one of the most contentious, litigated issues in family law in Canada. Spousal Support Advisory Guidelines are used in Canada to determine the …
