Spousal Support: A Primer on Entitlement, Amount and Duration

Spousal Support: A Primer on Entitlement, Amount and Duration

The law generally views spousal relationships (whether married or common-law) as financial partnerships. When this relationship breaks down the spouse with a higher income or more assets may be obligated to support their former spouse, which is known as spousal support. This post will cover a general overview of spousal support including who may be eligible, how it is calculated, and for how long it must be paid.

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Business Owners and Separation

Business Owners and Separation

As a business owner, there are several important things to consider as you go through your separation.  In this post, University of Ottawa law student, Xinya Wang, reviews some of the considerations, including sharing the value of your business, paying support, and imputing income.

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Prenuptial Agreements: Talking to Your Spouse

Prenuptial Agreements: Talking to Your Spouse

Deciding you want a prenup can be difficult. The next step – talking to your partner about wanting one – can be even harder. How do you approach the person you love and plan to spend your life with and say, “Just in case this doesn’t work out…”?

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News Release: Tax Season Brings Added Stress to Divorce Process

News Release: Tax Season Brings Added Stress to Divorce Process

“Building a stable financial future in the wake of a separation is not a simple process but is extremely important,” added Jeffcott. “Inevitably, questions will arise on how a divorce will impact the assets that have been built up over the course of a relationship and it’s very useful to have a professional on hand to answer the difficult questions right at the outset.”

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Prenuptial Agreements- Do's and Don'ts

Prenuptial Agreements- Do's and Don'ts

A marriage contract or cohabitation agreement (referred to here as a “prenup”) can include many things, but there are limits as well. What can and can't you include in such an agreement?

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Why Should You Consider a Prenup?

Why Should You Consider a Prenup?

No one likes to think about what will happen if they separate from their spouse, but it is important to consider and discuss these issues.  Everyone should know what might happen if you separate, and should consider signing an agreement that says what you want to happen.

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