No matter how much people try, some marriages come to an end. In some cases, these come with lengthy legal battles—but there are ways to limit those concerns. One thing that can quicken the process is knowing what you are entitled to in the divorce. For instance, if you are getting a divorce in Alberta,…
CPP or Canada Pension Plan is the accumulation of credits, dependent on a taxpayer’s annual earnings. It is a taxable pension benefit that you can receive beginning as early as age 60 (though you choose when to begin receiving CPP), or as late as 70. The amount you receive each month is based on your…
Could the 2019 Federal Budget Help Those Separating? In the past, the Home Buyers’ Plan (HBP) has allowed first-time homebuyers to withdraw up to $25,000 from their Registered Retirement Savings Plan to purchase a home without having to pay tax on the withdrawn amount (Budget 2019 proposes to increase the HBP limit to $35,000 per…
Pre-nuptial agreements can be a morbid topic and must be handled appropriately. Be sensitive, honest and logical when bringing up the topic.
CPP Credit Split Is Timing Critical for a CPP Credit Split? Does it Really Matter When You Apply?
Separated But Living Together, An Oxymoron? Many couples on the journey of separation/divorce find themselves in the unenviable position of having to continue to live together because they cannot afford two separate residences. You might be thinking that this sounds absurd but it is reality for many couples. In today’s depressed real estate market couples…
Choose the Right Divorce Lawyer! Choosing the right family lawyer may be one of the biggest decisions that you will ever have to make. Men and women do not give enough thought to the choice of their divorce lawyer. Your future may be forever affected by the quality of the divorce lawyer you choose. When…
Suzie Orman once wrote that “A big part of financial freedom is having your heart and mind free from worry about the “what-ifs of life”. There is a myth that in divorce, having little control and being in a constant state of panic and fear is the way it has to be. Regardless of family…
Read this article in the Calgary Herald and learn how important it is to educate yourself on your finance during your divorce. Your decisions depend on your knowledge.
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