In this article we will be talking about employment pension plans, and how they are valued and divided when spouses separate or divorce. Starting Point Where Pensions Are Involved First we need to identify which type of pension that you may have. They’re not all the same, and it’s important to understand the differences. When we say pension, you may think of a few different kinds of … [Read more...] about Pension Division Basics
Division of Property
Top 6 Questions Asked by Separating & Divorcing Clients
In this blog we will reveal our Top 6 Questions that get asked by separating and divorcing clients. Question 1: I’m separating, what type of professional should I hire, and when should I hire them? The first thing I want to address is the cause and effect nature of this question – for many people, they recognize that they’re separating, and they automatically assume they need to hire a … [Read more...] about Top 6 Questions Asked by Separating & Divorcing Clients
Top 5 Divorce Myths Debunked
There are so many myths out there about divorce, the divorce process, parenting after divorce, and more. I hear about these every day, and thought I’d take the opportunity to debunk some of these myths! Myth #1 – I need my spouse’s consent to get a divorce This is a myth In Canada, to get a divorce you need to prove to the Court that there’s been a breakdown of the … [Read more...] about Top 5 Divorce Myths Debunked
What Happens to Canada Pension Plan Credits on Separation or Divorce?
Can CPP be shared on separation or divorce? By default, yes, Canada Pension Plan credits that were accumulated during the time that you and your former spouse or common-law partner lived together can be split. It works like this – each of you and your former spouse may have accumulated CPP credits during the time that you were employed and living together – in some years one spouse may have … [Read more...] about What Happens to Canada Pension Plan Credits on Separation or Divorce?
How Do Spouses Divide their Property on Separation or Divorce?
The division of assets and debts for couples separating or divorcing can be overwhelming. Exchange of documents, valuing assets, protracted negotiations. This article will help Alberta and Saskatchewan couples understand the basics of how property division works in each province. Of course, it’s a very complex topic, but let’s give it a try to go through the principles. What … [Read more...] about How Do Spouses Divide their Property on Separation or Divorce?
What is an Interspousal Agreement?
People often ask what is meant by an Interspousal Agreement, and why one would be necessary after a separation or whether one should be signed during a relationship? It’s not something that is legally required, but it’s recommended in many circumstances whether separating or continuing to live together. Continue reading to find out more. What is an Interspousal Agreement? Is it the same … [Read more...] about What is an Interspousal Agreement?
Can you give a General Overview of the Divorce Process
Can I start by saying “it’s complicated”? Many people call our office with a “quick question” or tell us that their situation is “very simple”. While we can keep it simple by effectively managing the conflict and the expectations between separating spouses, very rarely is it “simple”. This blog will give an overview of the divorce process from start to finish, in Canada. Can you … [Read more...] about Can you give a General Overview of the Divorce Process
How Do We Resolve Our Pet Disputes during Separation or Divorce?
Have you thought about what would happen with your pets if you separate or divorce from your spouse? Who would keep the pet? How would he or she be cared for? Would the pet continue to be shared, or would one spouse keep the pet full time? Let’s shed some light on some ideas for dealing with pets in the context of separation or divorce of their owners. Is there such a thing as custody of a … [Read more...] about How Do We Resolve Our Pet Disputes during Separation or Divorce?