Property & Children FAQWhat are the Tax Rules for Family Law Practitioners that may be helpful?Please click on the link below for: "One Step at a Time; Tax Rules for Family Law Practitioners" http://www.pwc.com/ca/eng/ins-sol/publications/trf-0208.pdf How do you protect the children?Fairway Divorce Solutions serves to protect children of divorce from needless and destructive conflict. The Fairway Process is a practical, step-by-step, proven process that achieves divorce through a non-conflict resolve, all the while empowering each party and protecting their children, assets and dignity. When children are in the picture, Fairway Divorce Solutions offers a comprehensive co-parenting plan, called the Fairway Nurtured Children Plan™, that outlines everything affecting caring for the children, including holidays, education, child support, etc. This comprehensive plan is designed to ensure positive co-parenting. Do I have to pay Child Support?Click to find information on: http://canada.justice.gc.ca/eng/pi/fcy-fea/sup-pen/index.html Do I stop paying child support on my child’s 18th Birthday?Not always. Child support may continue even after the child is 18 if he or she is enrolled in high school or post secondary education or if he or she is unable to become self-sufficient due to disability. Generally, if the child is still in school there is a requirement that the child be attending in full time studies and making passing grades. Can I buy a house?It is wise to avoid making any major purchases during the divorce. Further, until the divorce judgment is granted, any property purchased may be subjected to a claim by your spouse, even if it is purchased in your sole name after your separation (depending on your jurisdiction). You should talk with your divorce Lawyer / Attorney about the timing of this purchase during your settlement. What property gets divided?Property is divided based on the laws in your jurisdiction. The laws will address what is considered matrimonial assets and what is exempt. Much debate and legal fees can be spent arguing these non black and white issues, so things to consider are:
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Fairway Divorce Mississauga does not give legal advice. If your question is of the nature that consitutes legal advice to be given, we will direct you to information readily available on government websites or to seek independent legal advice from a Family Law Lawyer. We can only answer questions in general form.