On behalf of Kirk Montoute Dawson LLP posted in High Asset Divorce on Sunday, November 24, 2013. A Canadian National Hockey League team was recently part of a divorce settlement. The co-owner of the Canucks, one of the most profitable teams in the league, was in divorce settlement talks with …
Learning from celeb divorces
On behalf of Kirk Montoute Dawson LLP posted in High Asset Divorce on Sunday, October 6, 2013. Whether it’s Tom Cruise and Katie Holmes, Elizabeth Taylor and any number of her spouses or Kim Kardashian and Kris Humphries, celebrity divorces get the attention of much of the public, including the …
Tax Friendly Preservation of Family Assets
By Gary Kirk of Kirk Montoute Dawson LLP posted in Estate Law on Friday, September 6, 2013. Our Family and Estate Law clients who approach us looking for a way to preserve assets through a Pre-nuptial Agreement – particularly those who have a high net worth – will often generate a …
Navigating property division with a shared business
Figuring out who gets which assets in a divorce is rarely easy, but for some couples it can get even more complicated. This is certainly the case for couples who share a business. Alberta couples with a family business or businesses can add many complexities to the property division process. Many consider shutting …
The matrimonial home can be a tricky part of property division
On behalf of Gary Kirk of Kirk Montoute Dawson LLP posted in High Asset Divorce on Tuesday, May 16, 2017. All divorces can have sticking points for either or both parties involved. When the value of the marital assets is above average, property division can become a contentious issue. For …
Don’t hold back when it comes to property division
On behalf of Gary Kirk of Kirk Montoute Dawson LLP posted in High Asset Divorce on Tuesday, February 21, 2017. It is safe to say that in the majority of divorces, each party is primarily concerned with his or her own welfare. This may be especially true when it comes to …
How does child support affect calculation of spousal support in Alberta?
On behalf of Gary Kirk of Kirk Montoute Dawson LLP posted in High Asset Divorce on Saturday, May 16, 2015. Before a judge decides on the amount and duration of spousal support, entitlement to support must first be established. A disparity between the parties’ incomes is a factor to be …
What financial documents are needed to calculate support payments?
On behalf of Gary Kirk of Kirk Montoute Dawson LLP posted in High Asset Divorce on Monday, January 19, 2015. When a married or common-law couple separates, determining the amount of child support and spousal support tends to be a complicated matter, especially if complex assets have to be considered. …
Things you should know about Spousal Support Guidelines in Alberta
On behalf of Kirk Montoute Dawson LLP posted in High Asset Divorce on Friday, September 26, 2014. Two statutes — the Family Law Act and the Divorce Act — are used to determine matters of spousal support in Alberta. In general, the purpose of spousal support is to recognize and …
Bitcoins: the challenge of property division in the digital age
On behalf of Kirk Montoute Dawson LLP posted in High Asset Divorce on Thursday, June 5, 2014. The digital age has introduced fresh challenges in obtaining accurate financial disclosure between separating spouses. Take, for example, Bitcoin and other electronic currencies. These currencies can be used to pay for Internet-based services and …