When parties are going through a divorce, they must either settle on particular issues or have a court determine how to resolve matters. Depending on the circumstances, one of the parties may be entitled to spousal support. Once entitlement is determined, it can be a complicated matter to determine what a fair amount of spousal… Continue reading Non-Disclosure and Lump Sum Spousal Support in Family Law
Category: Hidden Assets & Non-Disclosure
What Happens When A Party Fails to Disclose Family Property?
In Alberta, parties are generally expected to equally divide their property upon divorce unless exceptional circumstances justify an unequal division. This is the case even if the property or asset is only in one of the party’s names. For a decision-maker to determine property division issues, whether through alternative dispute resolution measures or court, full… Continue reading What Happens When A Party Fails to Disclose Family Property?
Higher Standard For Corporate Disclosure in Family Law Cases
When parties get a divorce, they will need to address issues such as property division, child support, and spousal support where applicable. To resolve these issues, parties must provide full and accurate disclosure in their family law proceeding. The court knows that non-disclosure is an ongoing problem in many family law cases, so this obligation… Continue reading Higher Standard For Corporate Disclosure in Family Law Cases
The Importance of Disclosure for Child Support in Family Law Cases
When children are involved in a divorce, the parties will need to address issues concerning parenting time and child support. Relatedly, they will also need to fulfill their disclosure obligations to calculate the appropriate amount of child support. The base amount of child support is determined by the number of children in the household and… Continue reading The Importance of Disclosure for Child Support in Family Law Cases
Non-Disclosure in Family Trial Leads to Significant Costs Award
One of the biggest issues in a family law trial is non-disclosure, which can significantly prolong the process and lead to costly consequences. Parties to a family law proceeding must make full and accurate financial disclosure for child support, spousal support, and family property division. Many issues to be dealt with during a divorce require… Continue reading Non-Disclosure in Family Trial Leads to Significant Costs Award
Parties Obligated to Seek Value of Family Property for Division
When it comes to a divorce, the family property will need to be divided. One of the key issues concerning family property division is determining the property’s value. To properly value the family property, parties must make appropriate disclosures. However, this is often a difficult process if one or more of the parties do not… Continue reading Parties Obligated to Seek Value of Family Property for Division