The breakdown of relationships where children are present provides a great deal of challenges for those involved. One of the more unusual solutions, aimed at providing the maximum stability for the children is “bird-nest” co-parenting. But what does that mean? Most people are familiar with the idea of shared parenting arrangements that result in children…
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The property settlement process: Part 3
In the first two parts of our property settlement process article we dealt with the identification of the net asset pool and the assessment of contributions each party made to the relationship. In this third and final part we will discuss the assessment of future needs and the division of assets. It’s important to remember…
The property settlement process: Part 2
In the first part of our Property Settlement Process article we discussed how we determine the net asset pool so that everyone involved has a clear picture of what needs to be divided between the parties. In part two of this article we will talk about determining the value of the contributions made by each…
The property settlement process: Part 1
The property settlement process following a relationship breakdown can be one of the most difficult and emotional experiences of a person’s life. It can seem like a relationship founded on trust and love is, in the end, reduced to dollars and cents. For many, having a better understanding of the process and knowing what to…
Myths in Family Law – The 50/50 Split
It is a widely held, but quite incorrect, view that in a property settlement between a husband and wife that the assets will usually be divided more or less equally – the 50/50 split! This myth most likely exists… Because we consider it a goal of a property settlement for each party to be treated…