Everyone has different spending habits. Beyond these habits, our views of money and goals around money vary vastly from person to person. We often hear from clients that their spouse sees money completely differently than they do. One is the…
Upon the breakdown of a marriage there are typically many assets and debts that need to be divided. Usually, the Family Home is the biggest asset to take into account. There are many ways to deal with dividing the Family…
RESPs: How to Divide During a Divorce Saving for your children’s post-secondary schooling is a very important financial decision for parents to make. Upon having children, many couples opt to open an RESP (Registered Education Savings Plan) or order to…
Recent changes to some of the Alberta Sector Pension Plans could have a significant impact on Separation Agreements and divorce proceedings in Alberta. These changes were effective as of April 1, 2020 and will affect only those pensions not yet…
In July of 2020, the Federal Government intends to make substantial changes to the Divorce Act. The Divorce Act applies to legally married couples who have experienced a marriage breakdown and wish to formally end their marriage through the divorce…
If you are considering a divorce, it’s likely that the first steps seem like the most difficult. It is one thing to have the idea in your head but saying it out loud and seeking out help can be a…
If you are married to someone who suffers from addiction, you know firsthand how painful and difficult this disease can be on you and your children. Your family has likely experienced some extremely difficult situations as a result of your…
Step One, Exchange Financial Disclosure The first major step in any separation is to produce and exchange financial disclosure. As mediators, we are unable to provide accurate assistance with respect to division of property without knowing certain information about each…
June 21, 2019 saw Bill C-78, An Act to Amend the Divorce Act, the Family Orders and Agreements enforcement Assistance Act and the Garnishment, Attachment and Pension Diversion Act and to make consequential amendments to another Act receive Royal Assent.…
