In this blog, we discuss contingent disposition costs within family law, and explain the circumstances under which they should be considered and valued.
Valuations are complicated, and valuators frequently deal with a myriad of issues. One issue that often arises when valuing a business is the contingent disposition costs.
In a previous Davis Martindale Bl...
Part 2 in our series on Child and Spousal Support will discuss the additional complexities that can arise when computing the income available for support; specifically involving corporate ownership. Once the courts determine that child and/or spousal support should be awarded upon a matrimonial dissolution, the next step is to calculate the income availabl...
In this blog, explore how child and spousal support payments are calculated and how your annual income, whether simple or complex, is one of the major determining factors.
Divorce is a common occurrence in Ontario. The current expectation is that around 40% of married couples will divorce before their thirtieth anniversary. With this in mind, it is impo...
In this blog, find out how a recent shift in how the U.S. treats alimony payments has resulted in a difference in tax treatment between the U.S. and Canada on alimony paid and received.
After years of an unhappy marriage, John and Kathy decided to separate. Kathy moved to live in Colorado and John remained at his home in Ontario.
In January 2019, they fina...
Often, slow and steady wins the race. After years of saving, it isn’t unusual to have acquired a family cottage, retirement savings in your RRSP, investments accumulating in your business, and a rental property on the side.
But if you withdraw the $1,000,000 from your RRSP, will you be left with the whole $1,000,000? If your real estate agent recommends a...