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You are here: Home / Archives for separation agreement

Financial Division of Assets & Spousal / Child Support

January 14, 2014 by admin Leave a Comment

Today’s family law negotiations are all about the numbers. The value of assets, the amount of support, and the cost of living. The numbers tell who will receive how much, directs us to consider tax considerations, and the timing of the payments.
http://ow.ly/sAmTI

Filed Under: Search Engine Marketing Tagged With: affidavit, annual tax statement, Canadian currency equivalency, cash flow statement, cohabitation agreement, company accountant, cost of disposition, credit card statement, educational expenses, educational savings accounts, employment incomes, family business, family law lawyer toronto, family law negotiations, family trust, financial disclosure, financial officers, financial statement, financial support, health costs, health plan, income tax returns, independent chartered business valuator, Loan guarantees, luxurious lifestyle, marriage, marriage contract, monthly household expenses, Notices of Assessment, Notices of Reassessment, pay stubs, reasonable value, Revenue Canada, sales agent, sales commission, separation agreement, standard of living, tax considerations, tax credits, vesting provisions, written agreement

Drafting Your Own Separation Agreement, Really?

December 17, 2013 by admin Leave a Comment

Contemplating filling in an online template for your separation agreement may be quite appealing. After all, it’s a quick and fast way to save money and time. You can pick and chose whatever catches your eye. Selecting the sections you understand and leaving behind the small print. Once you both agree, you’re good to go!

Not so fast.

There are significant dangers to drafting such an important personal document on your own. After years of believing you have in place a good deal only to find that it has no value will come as an expensive shock.
http://www.lorisastein.com/collaborative-approach-divorce-family-law/separation-agreements-divorce-family-law/drafting-your-own-separation-agreement-really/

Filed Under: Search Engine Marketing Tagged With: child support, contractual obligations, Domestic Contracts, domestic partner, family law lawyer, formal contract, independent legal advice, legal terminology, legal terms, litigation, parenting arrangement, personal document, renegotiation, second opinion, separation agreement, spousal support, substantive provisions

Family Business Valuations and Marriage Contracts

October 29, 2013 by admin Leave a Comment

Negotiating a marriage contract to treat one particular asset a special way is a common method to protect a business like Jacques’ which was built from scratch with few resources to a successful international organization. Rachel understands and agrees that Jacques’ 50% business interest which he will bring into the marriage belongs to him. But, she asks, what about her advice as an engineer without salary, her contribution as a sounding board 24 / 7, her creation and involvement in regular focus groups to test new product ideas, and all the other works she does without pay? Isn’t that worth something?
http://goo.gl/fbUbDf

Filed Under: Search Engine Marketing Tagged With: accredited business valuator, business interest, business partner, Business Valuation, Canadian Institute of Chartered Business Valuators Practice Standard, chartered business valuator, children’s parenting plan, cohabitation agreement, collaborative approach, common law relationship, company accountant, division of property, domestic contract, employment health, Estimate Valuation Report, extended medical plan, fair market value, family law, financial disclosure, household expenses, international organization, legal advice, marriage contract, marriage fail, negotiation, operating expenses, personal expenses, preserve business documents, protect business, separation agreement, small manufacturing company, spouses, traditional wedding vows, value of property

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