PROPERTY When I sat down to meet with Jane and John Smith, they had recently met with their mediator. They had come to a consensual agreement with respect to dividing all of their matrimonial property. Before they finalized everything though, the mediator encouraged the Smiths to get financial and tax advice to ensure that their…
The financial ramifications of divorce can be devastating! But, with proper planning and expert help from professionals specializing in financially equitable divorce settlements, you can increase your chances of arriving at a settlement that fully addresses your long-term financial needs. What’s missing in most divorce processes is financial expertise! You must understand that a 50/50…
The journey of separation and divorce is not easy at any age. Divorce is difficult and overwhelming at any stage but separation and divorce can definitely present obstacles that are more devastating to couples who are approaching retirement. We seem to be seeing more and more clients who are proceeding down this path as their…
Spousal support is often the most contentious issue in Divorce negotiations. The Supreme Court of Canada ruled on December 21, 2011 that spouses who agree on spousal support payments will face an uphill battle if they try and change that agreement in the future and that in order to do so; there will be a…
In recent years celebrities like Heather Mills have brought ‘Divorce Parties’ to the forefront. There are books on how to throw one and planners dedicated to helping you host one. ‘Are you kidding me?’ were the first words out of my mouth when I’d heard that an acquaintance of mine was hosting a party when…
Suzie Orman once wrote that “A big part of financial freedom is having your heart and mind free from worry about the “what-ifs of life”. There is a myth that in divorce, having little control and being in a constant state of panic and fear is the way it has to be. Regardless of family…
Read this article in the Calgary Herald and learn how important it is to educate yourself on your finance during your divorce. Your decisions depend on your knowledge.
Most of us have heard that money is often the catalyst to a couple’s separation and divorce. Many of us have a difficult time keeping our relationships even keel when it comes to money. In one of my newsletter, reference was made to a quiz on money personalities. The author’s point was that we often…
Well, we at Alberta Divorce Finances have survived another tax season (as most of you know we also spend 2 months of the year preparing over 200 tax returns). It was extremely busy this year but as always, very rewarding. It gives us great pleasure to keep money in our clients’ pockets (legally of course)…
Thank goodness it seems like spring has actually arrived. With spring’s arrival it always seems as if there is a renewed sense of hope and optimism. Spring also seems to bring with it a sense of urgency to get things done. For men and women going through divorce this sometimes translates into rushing through divorce…
