Alberta’s Spousal Support Advisory Guidelines offer formulas for deciding the amount and duration of support to be paid. However, using the guidelines can lead to a variety of potential payment amounts. Even with these guidelines, the determination of spousal support can be very complicated. Before the amount and duration of …
How does divorce affect one’s taxes?
On behalf of Kirk Montoute Dawson LLP posted in High Asset Divorce on Saturday, October 25, 2014. A variety of financial concerns have to be taken into account when a marriage breaks down, and it may be necessary to call upon accountants, financial advisors and business valuators to provide an …
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 …
Family mediation can help couples get better settlements
One of the reasons people in Alberta hear such negative things about the divorce courts is because many people who go through the typical divorce or separation process are unhappy with the orders or judgments issued by the Courts. Whether they think they should get a larger portion of property, …
Consequences for cohabitating couples
On behalf of Kirk Montoute Dawson LLP posted in Family Law on Wednesday, January 8, 2014. As 2013 came to a close, many couples in Alberta were inspired to talk about their relationships. More people decide to get married and to split in December than at any other point in …
Older divorced individuals have retirement shortage
On behalf of Kirk Montoute Dawson LLP posted in Family Law on Monday, December 2, 2013. According to a new survey, individuals who are age 50 or older when they divorce imagine that they will have a hard time having a secure retirement. Calgary residents who get divorced later in …