Divorce settlements are almost always based on certain assumptions, including an assumption about the projected future earnings of each spouse. This information is often considered when calculating spousal support in Alberta. But what happens when a job loss takes place during a divorce? There are a few things divorcees should know about …
Family law: When a spousal support payor’s income increases
Individuals receiving spousal support may be cheering when their former spouses get substantial pay raises. Increasing the amount of spousal support after a payor gets a raise is one of the most contentious, litigated issues in family law in Canada. Spousal Support Advisory Guidelines are used in Canada to determine the …
Requesting a variation of spousal support in Alberta
On behalf of Gary Kirk of Kirk Montoute Dawson LLP posted in Family Law on Tuesday, June 6, 2017. As anyone going through a separation or divorce in Alberta knows, nothing lasts forever. Even the agreements made about life after marriage, such as child and spousal support, don’t necessarily continue …
Support in high asset divorce based on all income sources
On behalf of Gary Kirk of Kirk Montoute Dawson LLP posted in High Asset Divorce on Wednesday, February 1, 2017. Many affluent men and women derive their income from a variety of sources, and they are not always consistent. However, when it comes to settling a divorce and awarding spousal …
Are Alberta support payments tax deductible?
On behalf of Gary Kirk of Kirk Montoute Dawson LLP posted in Family Law on Saturday, May 23, 2015. When a written agreement or court order states that a parent is obligated to pay child support and spousal support, the law specifies that priority be given to the support for …
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 factors are considered in Alberta spousal support decisions?
On behalf of Gary Kirk of Kirk Montoute Dawson LLP posted in Family Law on Sunday, March 15, 2015. The factors that must be considered when determining a fair spousal support arrangement are many and varied, and the agreements mediated between former partners vary a great deal. In general, though, …
What do I need to change a spousal support order in Alberta?
On behalf of Gary Kirk of Kirk Montoute Dawson LLP posted in Family Law on Sunday, February 8, 2015. If you, as a recipient or payor of spousal support in Alberta, want to change the amount of support you receive or pay, then the court will require you to provide …
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. …
What is the imputation of income for support payments?
On behalf of Gary Kirk of Kirk Montoute Dawson LLP posted in Family Law on Friday, January 16, 2015. Spousal Support Guidelines and Child Support Guidelines help Alberta residents calculate the amount of each of those kinds of payments. While basic child support is established by law, spousal support is …