Who will get the home? Do we have to split everything 50-50? What if I was the homemaker and all the assets are in my spouse’s name? These are typically the types of questions we are asked by concerned spouses in the process of divorcing their partners and unsure what they are entitled to from… Continue Reading »
After a marriage breaks down and a couple separate or divorce, one of the main matters to settle is how property is divided – including who gets the matrimonial home? The Matrimonial Property Act and the Family Property Act are the main pieces of legislation used in Alberta to govern property division in a divorce… Continue Reading »
The Alberta Court of Appeal has confirmed the Court’s jurisdiction to prevent a corporation from disposing of property during a family dispute. While a corporation is an independent legal entity, a preservation may be ordered if the corporation is not operating at arm’s length from one of the spouses involved in the family dispute. The… Continue Reading »
A complex divorce, or high net worth divorces, deals with family businesses, professional practices, large estates and valuation issues. These cases have multiple layers, interconnected issues and more challenges for both spouses. Tax consequences are important considerations in these types of situations and play a large role in solving the complex divorce. Complex & High… Continue Reading »
