A feuding couple has reached the most expensive divorce settlement in history.
Marital breakdown can destroy a business, but it needn’t be this way
Dave and Sandra have managed a restaurant in downtown Vancouver for the past 12 years. But now the couple is divorcing and wants to sell the business. They need to know the value of their company for a net worth statement. Where should they start?
If a couple tells you they’re divorcing, you can help reduce their financial stress
Having a marriage agreement that gives a clear picture of what would happen to each party’s assets is crucial before saying “I do.”
Chances are if one of your clients is getting a divorce, it’s his first time going through a marital split. In that case, he won’t be familiar with what happens to his assets in the divorce.
How much to pay for piano lessons or how to split the cost of a new snowsuit aren’t items usually covered in a settlement when parents get divorced.
Jerrod and Penelope met and married when they were employees at a competitor firm. Their financial situations were similar, so they didn’t bother with a marriage contract or shareholders’ agreement.
How to account for books of business in equalization calculations.
Matrimonial homes are subject to special rules regarding equalizing family property.