Going through a divorce can be a stressful and complicated time in your life. If you and your spouse run a small business together or even if only one spouse runs the business, the value of that business will need to be determined and divided. Pursuant to the Family Property …
Imputing Income When Under-employed or Unemployed
In Alberta, child and spousal support are calculated based on the payor’s income. If someone has chosen to work less or take lower paying work, the Court may determine that imputing income to that individual is the appropriate course of action. This has historically been a difficult thing to do …
Money “Triggers” in Divorce: The Most Emotional Financial Issues in Family Law
The more intrinsically human affairs such as parenting schedules, decision-making for children and relocation with children are undeniably more prone to conflict in any divorce. The financial issues are far from immune. Divorcing spouses can be provoked by financial claims or positions that can arouse equally strong emotional reactions of …
Adult Interdependent Partner Support – What support are unmarried parents entitled to?
Separated parents in Alberta may be entitled to receive support from the other, despite not having been married. Adult Interdependent Partner support, or support for a common law partner, can be a highly contentious issue as the payor typically feels that since they did not get married, they should not …
Exemptions from Division of Family Property
In Alberta, the Matrimonial Property Act has been amended and renamed the Family Property Act. The primary purpose of the amendments is to include property acquired by spouses in a non-married relationship as subject to the (rebuttable) presumption of equal division upon termination of the relationship. The Family Property Act …