Ottawa Divorce .com Forums

User CP

New posts


  Ottawa Divorce .com Forums > Main Category > Financial Issues

Financial Issues This forum is for discussing any of the financial issues involved in your divorce.

Closed Thread
Thread Tools
Old 09-14-2008, 12:26 AM
redheadkent redheadkent is offline
Junior Member
Join Date: Sep 2008
Posts: 2
redheadkent is on a distinguished road
Default Monentary Gifts

My wife and I are finally, after a year of separation, getting down to resolving some financial issues. Within 3 weeks of us separating she had recieved a monentary gift of over $ 25,000 from a relative of hers to help purchase a house (She did not use it toward payment of half her debts she had as a result of our marriage mind you) and I was wondering if that has any relevance to her net income and as a result adjusts child support payments, or if that would come into play with division of assests, or maybe spousal support or anything else. Not officially looking to obtain any of it but if applicable I would like it to be an overall part of my negotiations due to her not paying half the debts.

Any comments would be apprectiated.
Old 09-15-2008, 11:26 AM
wondering50 wondering50 is offline
Join Date: May 2007
Posts: 50
wondering50 is on a distinguished road

The important date is the separation date. You do your calculations based on assets/ liabilities as of that date.
If she received monies after the date of separation then it is out of scope.
Closed Thread

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Spousal Support mominont Financial Issues 12 10-08-2010 01:28 PM
are gifts excluded from assets? daver32 Financial Issues 4 01-10-2008 09:19 PM
Recent jurisprudence with regards to monetary gifts and child support income purposes logicalvelocity Divorce & Family Law 0 04-27-2007 12:23 PM

All times are GMT -4. The time now is 12:01 AM.