The end of most marriages will contemplate not just an emotional disentanglement, but a financial one as well. Most marriages coming to an end will involve corollary issues such as Property Division, Child Support and Spousal Support. Accordingly, separating couples will be expected to exchange financial information to ensure that …
Whether your separation is amicable or adversarial, you are well served to obtain advice from an experienced family law lawyer who can help to guide you through the process. Unfortunately, the legal fees that come with retaining a lawyer can often impede the progress of one’s case. While it is …
Many people have the habit of sharing family moments and inner thoughts through social media channels. This can seem like a harmless way to keep in touch, but during a family law dispute, posting the wrong thing online can have dire consequences. In general, Alberta parents should be very careful when using social media …
Many people are aware of common divorce issues like child custody, spousal support and the fate of the family home. But, for the many married couples who own and operate a business together in Alberta, the fate of the family business can be one of the hardest things to tackle in divorce mediation. There …
Couples who have become acclimated to a certain lifestyle, or who hold a significant amount of wealth, have particular considerations when they choose to end a marriage. In Alberta, even high asset divorce can leave one or both parties with concerns about their financial well-being. What can be done to …
Conflict is never easy, and when a family issue enters the legal arena, it often becomes even more difficult to manage. A family law dispute, in particular divorce, can bring with it several stressors. It is a good idea for Alberta individuals to prepare for these challenges ahead of time …
When going through a divorce, small family businesses present a significant risk and challenge. Many married couples also happen to be joint-owners of small businesses. Running a business with a spouse can prove particularly beneficial since both owners tend to trust one another more than they would other business partners. …
The Canadian Bar Association has published the “Tax Matters Toolkit: Separation & Divorce” to assist separating parties understand potential tax consequences of relationship breakdown. The Toolkit notes that separation decisions, especially regarding children, property, or pensions, have tax implications and may affect parties’ future finances. To assist in becoming informed …
Without proper planning, retirement funds could be compromised by late divorce Divorce is becoming increasingly prevalent among Canadian seniors and with the rise of such ‘grey divorces’ come unique financial considerations. While younger divorcing couples may have concerns about issues such as child support, older couples are more likely to …
When going through a separation, understanding your financial disclosure obligations is crucial for ensuring a fair division of property, debts, and determining appropriate support payments. Upon separation from your spouse, you are entitled to financial disclosure documents in order to determine what support may be payable (either child support, spousal …
