Divorce & Taxes - WEBINAR ON DEMAND
A matrimonial separation has the potential to be among the most financially consequential events in an individual’s life. It is at such times that professionals have the opportunity to add value through much needed advice.
A matrimonial separation has the potential to be among the most financially consequential events in an individual’s life. It is at such times that professionals have the opportunity to add value through much needed advice. While most accountants and financial advisors will not be experts in family law, some background knowledge can be an invaluable tool to identify potential pitfalls and better support their clients’ and other professionals involved.
Join Sharon Numerow of Alberta Divorce Finances Ltd. for a practical high level overview of some special topics that become relevant upon separation as well as the calculation of income for purposes of support. Sharon will also review settlement options and tax issues pertaining to property division, and the unique issues that can arise when divorcing later in life.
More specifically, topics discussed will include the following:
- Divorcing 101: Understanding the Basics
- Why is there so much confusion? The Definition of Separated
- Is Child Support Really Simple?
- Do the Self-Employed really pay child support on Line 150?
- Who can claim the Amount for an Eligible Dependent? And Why Does CRA Make It So Difficult?
- The Tax Return and the Special Issues in Separation and Divorce
- Spousal Support
- Matrimonial Property Division
This webinar will be of most interest to general practitioner accountants and tax accountants in small to medium sized firms, but may also be of interest to family lawyers and other family law professionals, as well as financial planners/advisors.
Professional Development Credits
CCH Canadian professional development programs are designed to meet the continuing education requirements of a variety of professional associations. These requirements do vary