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February 2017 Archives

Financial tips for a high asset divorce

After enjoying an affluent lifestyle, the financial ramifications of divorce can be a shock for some men and women in Alberta. While life will certainly be different after a marriage ends, it doesn't have to be a fiscal nightmare. Taking a few important steps ahead of time can make a high asset divorce easier to get through.

Don't hold back when it comes to property division

It is safe to say that in the majority of divorces, each party is primarily concerned with his or her own welfare. This may be especially true when it comes to the contentious matter of property division, especially when the stakes are high. As a result, it may be tempting to keep a little something in reserve for one's self, especially if it was always a concealed asset.

Bizarre allegations emerge from international child custody case

When two parents fight over custody of their child, things can sometimes turn ugly. This is precisely what happened during a child custody case recently that began half a world away. Accusations have been flying, little has been resolved, and a child is caught in the middle.

High asset divorce leaves husband struggling to pay legal bills

Any divorce has the potential to spiral out of control if either or both parties aren't interested in being cooperative. In the case of a high asset divorce, however, there sometimes seems to be no limit to the potential length of the proceedings. A prime example of this comes from an ongoing separation struggle east of Alberta involving two high profile individuals.

Support in high asset divorce based on all income sources

Many affluent men and women derive their income from a variety of sources, and they are not always consistent. However, when it comes to settling a divorce and awarding spousal support, the two parties involved may not agree on what income should be considered. A judge recently made a ruling on a high asset divorce case that may be of interest to any person in a similar situation, whether living here in Alberta or elsewhere.

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