Divorce is becoming increasingly prevalent among Canadian seniors, and with the rise of such ‘grey divorces’ come unique financial considerations. While younger couples going through a divorce may have concerns about issues such as child support, older couples are more likely to be concerned about how a divorce will affect …
The Penalty for Hiding Assets in Divorce in Alberta and Signs Someone May be Hiding Money
When a marriage ends, former couples need to work toward a resolution regarding their joint assets and liabilities. One of the things that can make this process difficult, particularly in a high-asset divorce, is when one party attempts to hide assets. This can have serious legal, emotional and financial consequences, …
Balancing home and work in a complex asset divorce
It is no secret that divorces can be incredibly stressful. Maintaining healthy work is critical for overall financial well-being. Consistent income can be a factor in support and property division conflicts, particularly in a complex asset divorce. Here are some tips that Alberta workers and business owners can turn to when trying …
Grey divorce raises complex asset division issues for many
When couples have been together for a long time and have built their lives as a unit, splitting assets can be tricky business. The rise of so-called “grey divorce” in Canada has also given rise to questions about complex asset division, as many of these splits are anything but straight-forward. Here is …
Navigating divorce, taxes and complex asset division
Dividing assets during a divorce can be particularly difficult when a couple owns a lot of land, or if they have a shared business. For Alberta farming families, both are often in the mix, making for complex asset division. When splitting family assets, one common question among both rural and urban …
How cryptocurrencies figure into property division upon divorce
On behalf of Gary Kirk of Kirk Montoute Dawson LLP posted in High Asset Divorce on Monday, July 30, 2018. The divorce process has changed drastically within the last few decades. And with those changes in Canada, couples who are divorcing may find themselves with a whole new set of …
Property division after divorce: Dealing with assets and debts
On behalf of Gary Kirk of Kirk Montoute Dawson LLP posted in High Asset Divorce on Monday, February 12, 2018. When a marriage breaks up, there are many things to consider besides healing broken hearts. If a divorcing Alberta couple has amassed sizable assets, they need to think about things like property …
Family law: Alberta parenting coordinators help kids of divorce
On behalf of Gary Kirk of Kirk Montoute Dawson LLP posted in High Asset Divorce on Tuesday, August 8, 2017. Children of divorce don’t have it easy, especially when their parents get so caught up in their own lives that they forget to parent. Registered parenting coordinators and arbitrators (RPCA), …
Change in home values make property division a key aspect of divorce
On behalf of Gary Kirk of Kirk Montoute Dawson LLP posted in High Asset Divorce on Wednesday, October 26, 2016. Anyone who owns a home in Canada right now is probably aware of the ongoing rise in the value of real estate. For those going through a divorce or considering a …
Boomer separations lead to complex asset division
On behalf of Gary Kirk of Kirk Montoute Dawson LLP posted in High Asset Divorce on Friday, September 2, 2016. When long-married individuals look around their homes, most see many things accrued during their marriages. These are all considered assets legally, and couples who stay married into their golden years …





