Hi all,
I'm going through a divorce right now and we working on our SA. The situation is, I had a high paying job in oil and gas industry overseas, she hasn't worked in 8 years because of kids at home first, plus hated her last job as programmer and I started making good money, plus I spent a lot of time outside Canada. Kids are age 8 and 14. 15 Marriage was 15 years.
At the end of last year I been laid off, but still made 250K, this year it will be 50-70K with severance package from my last employer. Deepwater drilling is almost died and there is no any job on my profile in Canada. I probably can make 50K-70k a year if we sell the matrimonial house and I can use my half of house money for investment otherwise it will be low paid labour job.
Could my wife insists on SS and CS according to my last tax return or it should calculated according my present situation?
She started small coaching business last year but at the moment she makes less the minimum wage. Her last tax return was 1100 for 3 months doing it, this year maybe 10K. Could I insist for calculation SS and CS to use at least minimum wage for her?
I ask her to reduce the kid's activities due to a new reality, but she is using her credit line to keep it the same and want me to pay the bill. Any suggestion how to explain her, that situation with money is different now?
I bought a house for investment after separation date, but deposit for the hose was submitted before the separation date. Could my wife asks to split the profit for this house, if she had not done anything with this house?
This is in Toronto......Thanks in advance for your help.
I'm going through a divorce right now and we working on our SA. The situation is, I had a high paying job in oil and gas industry overseas, she hasn't worked in 8 years because of kids at home first, plus hated her last job as programmer and I started making good money, plus I spent a lot of time outside Canada. Kids are age 8 and 14. 15 Marriage was 15 years.
At the end of last year I been laid off, but still made 250K, this year it will be 50-70K with severance package from my last employer. Deepwater drilling is almost died and there is no any job on my profile in Canada. I probably can make 50K-70k a year if we sell the matrimonial house and I can use my half of house money for investment otherwise it will be low paid labour job.
Could my wife insists on SS and CS according to my last tax return or it should calculated according my present situation?
She started small coaching business last year but at the moment she makes less the minimum wage. Her last tax return was 1100 for 3 months doing it, this year maybe 10K. Could I insist for calculation SS and CS to use at least minimum wage for her?
I ask her to reduce the kid's activities due to a new reality, but she is using her credit line to keep it the same and want me to pay the bill. Any suggestion how to explain her, that situation with money is different now?
I bought a house for investment after separation date, but deposit for the hose was submitted before the separation date. Could my wife asks to split the profit for this house, if she had not done anything with this house?
This is in Toronto......Thanks in advance for your help.
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