Most people have a general understanding of what a prenuptial agreement is. In general it is a contract between a couple who are about to enter into a marriage, which typically governs the rights and obligations of each person should they ultimately divorce. Agreements of this type are not just limited to parties who are… Continue reading The Importance of Prenuptial Agreements
Category: Spousal Support
Divorce and Your Taxes
When you separate or obtain a divorce, each party must file taxes separately from each other. You are considered separated by the CRA when you have lived separate and apart from your spouse or common law partner for more than 90 days due to the breakdown of a relationship. The CRA definition of “separation” is… Continue reading Divorce and Your Taxes