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Estate Considerations in Separation or Divorce
Are you going through a separation or divorce?If so, you are probably thinking about these 4 things: Knowing how your children will be cared for and how the law treats the estates of newly separated or divorced parents is a key part of planning. Think about: These questions are part of the overall plan you’re…
Collaborative Divorce: Prompt Financial Disclosure Is Crucial!
In Family Law matters, the full and prompt exchange of financial disclosure sets the tone. In a Collaborative Divorce, both participants commit to quickly and honestly providing a complete picture of their finances (including a detailed list of assets, debts, income, and expenses) so we can efficiently move to problem solving. Prompt disclosure enables cooperation,…
Mortgage Renewals in Canada: What You Need to Know in 2025
If your mortgage is up for renewal in 2025, you’re not alone. According to recent data, over 1.2 million Canadian mortgages are set to renew this year—a staggering number that represents a significant portion of the market. With interest rates higher than they’ve been in recent years, it’s never been more important to approach your…
How Collaborative Family Law Can Help Protect Your Family Business During Divorce
I recently had the chance to chat with Leah Tolton KC, a corporate lawyer with expertise in Family Enterprises (and Partner from Bennett Jones LLP in Edmonton) on her Beyond Succession podcast, where we explored a topic that doesn’t get enough attention: how collaborative family law can actually save family-owned businesses during a divorce or separation. You can listen…
What Happens to Pets in a Divorce?
When a couple separates, it is very common for them to seek advice on the division of their property, parenting of their children and how they will ensure they are each financially supported. But what happens to pets? Pets are often a very important part of the family unit, and we love and treat them…
What Does Canada Pension Plan (“CPP”) Credit Splitting Mean?
The Canada Pension Plan (“CPP”) is the pension plan to which you’ve been contributing during your work life. It is available for you to start collecting as early as age 60 and as late as age 70. Your CPP contributions are either deducted off of your pay cheques (with your employer matching your contributions) or…
