PREPARE NOW! SAVE LATER! Are you going through a separation or divorce? It is critical to negotiate certain income tax return items in your separation agreement. The Eligible Dependent Amount was worth $3,747 in tax savings (refund) to an Alberta parent in 2019. The credit is available federally and, in most provinces, as well. Single…
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…
On June 21, 2019, the Government of Canada gave Royal Assent to Bill C-78. The changes to Family Law, the first federally in 20 years, promote the best interests of the child, address family violence, and make the family justice system more accessible. On June 5, 2020, the Honorable David Lametti, confirmed the delay of…
How an Almost-Divorce Kept Them Together Ann Leary’s 2013 essay explored a ‘crisis’ in her marriage to the actor Denis Leary. They just celebrated their 30th wedding anniversary. In the 2013 Modern Love essay“Rallying to Keep the Game Alive,”Ann Leary’s marriage to her husband, the actor Denis Leary, was on the rocks. They felt like…
The Road to Successful Spousal Support Negotiations Most lawyers would agree that spousal support is the most contentious issue in divorce negotiations. The Spousal Support Advisory Guidelines (SSAG) developed in 2005, have gone a long way toward paving the road to more consistent and predictable support awards. Though I am not lawyer and cannot quote…
Don’t Go Solo! Many people ask me this question: Can I bring a relative or friend along with me when I meet my lawyer? ABSOLUTELY! (Obviously you should first check with your lawyer but there shouldn’t ever be an issue). In fact, you shouldn’t go meet with your lawyer without bringing someone along. Divorce is…
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…
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