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I have a couple of questions I was wondering if anyone can answer for me:
The process went way too fast for me and I fear I was pressured into signing a separation agreement at our last case conference. Later I found out a number of things that have me questioning whether I did the right thing. Now I am being pressured by my lawyer to sign a property release and withdrawal of my answer so my husband can proceed with his divorce.
At the Case Conference I brought up a couple of issues:
• Tax fraud – my husband claimed to pay my son (now 19) wages of $4,500 last year through the business he runs “part-time”. I had to pay CRA $880 because of this as I was disallowed the full deduction. He did not pay this amount to my son. When I discussed this with my lawyer, she told me that income splitting was allowed. I also brought this up in a meeting with my lawyer, my husband and his lawyer, where my husband admitted that he did not pay this income to my son. Nothing was done about this at all. He has reduced his income for the last 4 years (at least) by claiming that he was paying an income to our children when in fact he hasn’t. Even CRA wasn’t interested when I called them – they told me my son would have to appeal his tax return and I didn’t want to place him in a bad situation with his father.
My question is: Is there anywhere that I can bring this up that it would make a difference or should I just leave it alone?
• Investment property – In 1999 my husband invested in property in Arizona that allowed him a substantial write-off for tax purposes. In his sketchy financial disclosure he stated that it was an “initial investment of $25,000” – but I never saw a paper that disclosed the complete amount invested, nor did I see anything stating what it was “sold” for after our separation. Since the case conference I have found documents that show that it was purchased for $69,500 US and that he was reducing his income by approximately $7,000 per year (in addition to the $4-5,000 by paying an income to our children)
My question is: My lawyer tells me that it would be far more costly to pursue this than what it is worth. Is it worth my while to go into this further and how would I re-open this can of worms?
Also, what is the whole process of the “answer” and what does it mean? My answer stated and refuted some of his claims, by withdrawing it, am I effectively saying that I agree with his claims??? My lawyer tells me that this is just process and doesn’t really mean much.
I am so confused – I don’t want to get stung again… I’m saddled with a $35,000 line of credit (my share) that I “took his word on” and after finding out all of these inconsistencies after signing the agreement at the case conference I’m leery to sign off on my answer and final property release as this may be my last chance to fix anything.
The process went way too fast for me and I fear I was pressured into signing a separation agreement at our last case conference. Later I found out a number of things that have me questioning whether I did the right thing. Now I am being pressured by my lawyer to sign a property release and withdrawal of my answer so my husband can proceed with his divorce.
At the Case Conference I brought up a couple of issues:
• Tax fraud – my husband claimed to pay my son (now 19) wages of $4,500 last year through the business he runs “part-time”. I had to pay CRA $880 because of this as I was disallowed the full deduction. He did not pay this amount to my son. When I discussed this with my lawyer, she told me that income splitting was allowed. I also brought this up in a meeting with my lawyer, my husband and his lawyer, where my husband admitted that he did not pay this income to my son. Nothing was done about this at all. He has reduced his income for the last 4 years (at least) by claiming that he was paying an income to our children when in fact he hasn’t. Even CRA wasn’t interested when I called them – they told me my son would have to appeal his tax return and I didn’t want to place him in a bad situation with his father.
My question is: Is there anywhere that I can bring this up that it would make a difference or should I just leave it alone?
• Investment property – In 1999 my husband invested in property in Arizona that allowed him a substantial write-off for tax purposes. In his sketchy financial disclosure he stated that it was an “initial investment of $25,000” – but I never saw a paper that disclosed the complete amount invested, nor did I see anything stating what it was “sold” for after our separation. Since the case conference I have found documents that show that it was purchased for $69,500 US and that he was reducing his income by approximately $7,000 per year (in addition to the $4-5,000 by paying an income to our children)
My question is: My lawyer tells me that it would be far more costly to pursue this than what it is worth. Is it worth my while to go into this further and how would I re-open this can of worms?
Also, what is the whole process of the “answer” and what does it mean? My answer stated and refuted some of his claims, by withdrawing it, am I effectively saying that I agree with his claims??? My lawyer tells me that this is just process and doesn’t really mean much.
I am so confused – I don’t want to get stung again… I’m saddled with a $35,000 line of credit (my share) that I “took his word on” and after finding out all of these inconsistencies after signing the agreement at the case conference I’m leery to sign off on my answer and final property release as this may be my last chance to fix anything.
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