What you need to know about Alberta divorce finances
202211.04
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What you need to know about Alberta divorce finances

in Divorce

Divorce can be a difficult time for everyone involved, especially when it comes to money. If you’re considering a divorce in Alberta, it’s essential to understand the financial implications of splitting up. This article will outline the basics of Alberta’s divorce finances, including asset division, child support, and spousal support. Knowing what to expect helps…

6 Considerations To Make About Your Taxes After a Divorce
202210.09
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6 Considerations To Make About Your Taxes After a Divorce

in Divorce, tax

Divorce can be a difficult and emotionally charged process, and there are a lot of processes to go through and documents to sign. Unfortunately, even once the separation documents are signed, there’s still something else to occupy your mind: your taxes. Divorce does have its financial implications, and one of the biggest implications occurs during…

7 Money Management Tips for Newer Divorcees in Canada
202209.25
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7 Money Management Tips for Newer Divorcees in Canada

Money management is an important skill for everyone to learn, but it is especially important for those who are going through a divorce. Divorce can be a very taxing period, so it is important to be as prepared as possible. There are a few steps to keep in mind when it comes to money and…

Separation Anxiety: What You Must Know About Spousal Support
202208.29
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Separation Anxiety: What You Must Know About Spousal Support

When a marriage or partnership ends, one way to assist the other spouse is through spousal support. Spousal support can be paid at different rates depending on whether the spouses are married or in a civil union. There are also other factors involved. The higher-earning spouse usually pays spousal support to the lower-earning spouse, but…

Disclosing Financial Information After a Breakup
202208.07
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Disclosing Financial Information After a Breakup

Ending a relationship is never easy. The process can be even more complicated when financial ties are involved. One important issue that must be addressed is the disclosure of financial information. Depending on the nature of the relationship, both parties may be legally obligated to disclose certain financial information to each other.  Financial Disclosure Of…

Tax Things to Keep in Mind While Newly Divorced in Canada
202208.01
0

Tax Things to Keep in Mind While Newly Divorced in Canada

Divorce in Canada is an optimal arrangement for some former married people’s physical and mental well-being. However, aside from having those parts of your life impacted, you will also experience some financial changes. Compared to taxes where everything is filed in conjunction with a former partner, there will be several differences to keep in mind….