Valuing Assets and Income When Separating When people separate they are often not aware that they must divide their property with their spouse. The basic formula is to value everything you own at the date of separation, deduct your debts on the date of separation, and then deduct what you
Most of us are aware of the negative effects separation and divorce may have on the children of the marriage if the parents do not protect them adequately from the intense emotions wrought from the processes and procedures surrounding the dissolution of a marriage. Another area of collateral damage that
Much has been written about the impact of separation and divorce on children and yet few separating parents seem to properly understand how to deal with their children to lessen the impact and trauma of losing their stable family home. Certainly the children are a hot topic in divorce proceedings
On May 2, 2015 a number of important changes to the Family Law Rules came into force. One of the most significant changes relates financial disclosure that every party in a family law case is now automatically required to produce. Since financial disclosure issues often slow down family law proceedings
