Property Division

Divorce: How is property divided between joint tenants?

In matters of asset division in divorce or separation, the law can be complicated. For example, when a couple divorces, there may be questions of ownership with regard to the family home. While a prenuptial agreement can help you avoid confusion by stating exactly what each spouse will receive in …

Divorce settlement reaches record highs

On behalf of Kirk Montoute Dawson LLP posted in High Asset Divorce on Friday, May 23, 2014. A Switzerland-based Russian billionaire and his wife made headlines around the world last week when a court issued a $4.9 billion judgment in favour of the wife, but there are a number of …

Declare Assets

It is important for spouses to declare all assets during divorce

Divorce is nearly always stressful. Anyone who has gone through a divorce or separation in Calgary knows that trying to negotiate a settlement with a soon-to-be ex-spouse can be difficult. From trying to determine child custody to arranging child support to dividing matrimonial property, coming to an agreement in such …

Value of NHL team included in divorce settlement

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

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 …