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Tailor Law

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Jul 16
0

Buying and Renting a House After Divorce

By | Uncategorized

Many changes happen after your divorce, and one of the most significant changes is your living situation. Before the separation, you shared a home with your family and spouse. After the divorce, many people decide it is best to sell the marital home and find new homes though sometimes a spouse retains the house in the divorce. If this is the case for you, what should your next step be? This article will help you decide whether renting or buying a house after a divorce is your best option. There are a few things to consider. One of the most…

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Jul 16
0

Anonymity in Family Law: Guide to Publication Bans and Sealing Orders

By | Uncategorized

In this article, the term anonymity or confidentiality order will be used to denote any court order, which in any way restricts access to or disclosure of any form of information or proceeding, including but not limited to sealing order, publication ban and secrecy orders. What is a Sealing Order? A Court order that restricts access to or disclosure of any record or document filed in a legal proceeding. A sealing order may be specific, relating only to specified documents or general covering all documents in a Court file. A sealing order usually applies for a time-bound period only. It…

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Jul 16
0

Spousal Support Guidelines When Your Income is Above $350,000

By | Blog

It’s almost a decade into the Spousal Support Advisory Guidelines (“SSAG”) era, we are coming to terms with the guidelines. Courts are using SSAG fairly routinely and thereby providing more predictability to parties although the suggested support ranges are not always met with enthusiasm by recipients or payors. SSAG have seen to raised average spousal support awards in some communities and lowered them in others. Anecdotally, SSAGs have increased marginal support awards where pre SSAG no support would likely have been agreed to or, possibly, even asked for. After initial doubt in Ontario, since the Court of Appeal decision in…

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Jul 16
0

Understanding Support Payments When the Payor’s Income Is Irregular

By | Blog

During a marital separation (divorce), it is just normal that the parent who doesn’t have custody of the child pay a certain amount of money to the spouse and kid(s) to help support their monthly upkeep.  Every court of law looks to justify the amount payable in support by the income of the payor. The case gets even more interesting when the payor does not have a regular income to fall back on. When such happens, how is the support payable to be calculated? Incidences of Irregular Income There are a series of factors which could lead to an individual’s…

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Jul 16
0

Effects of Registered Retirement Savings Plan (RRSP) at Divorce

By | Blog

A Registered Retirement Savings Plan (RRSP), or just Retirement Savings Plan (RSP), is a kind of Canadian account for keeping savings and investment assets, introduced in the late 1950s to encourage savings for retirement by employees and self-employed people. RRSPs have several advantages when it comes to tax deductions when compared to making investments outside of tax-preferred accounts. The RRSP is mostly funded from deductions from total income; hence, it reduces income tax payable for the time in a review in which the contributions are claimed. Earnings in this account are not taxed, although some withdrawals made from it would be taxed as income after withdrawal.  Meanwhile,…

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Jul 16
0

Tips For Starting Your Own Business After Divorce

By | Blog

Being newly divorced signals the start of a new life and the opportunity to design a new life as a single person, under your terms. Statistically, many newly divorced individuals are left worse off financially after divorce and may be struggling to cope with single parenthood, feeling emotionally battered and with low self-esteem. Rather than focus on the negatives though, it’s crucial to take stock of your new life and put yourself in a positive frame of mind by feeling gratitude for all the good things in your life (your health, your children, family, friends, pets, job/career, etc.). Then, decide…

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Jul 16
0

How Do I End My Obligation to Pay Child Support?

By | Blog

Child support most times tends to be a complicated issue in family law simply because determining the time when a parent’s financial support should come to an end hasn’t always been easy as the support doesn’t automatically come to an end when the child turns 18 (or 19 in some states), and this stems up series of questions about how do the parents put an end to the payment of child support: does it happen by simply agreeing to do so? Or do they just need to get a court order to the effect? This support doesn’t automatically come to…

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Jul 11
0

Effect of High Income on Spousal Support

By | Blog

Wondering how a recent divorce may impact your income? If you’re a high-income earner, your separation agreement may require you to pay out spousal support, or financial support to your spouse after a separation or divorce. Keep reading to learn more about how spousal support is determined and whether it’ll impact you. What is spousal support? While spousal support is a financial obligation under a legal contract, its real intention is to ensure that financial stability can be maintained among the parties undergoing separation and divorce. It can be a monthly support payment (like child support) or a lump sum…

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Jul 02
0

Parents should choose civility over confrontation: Tailor

By | News Features

View the original article by AdvocateDaily.com AdvocateDaily.com published an article about Deepa Tailor’s views on co-parenting and how it affects children during Divorce or Separation. The article’s excerpt is below. Effective co-parenting requires communication and an agreement as to what will happen if there is conflict or even divorce, says Mississauga family lawyer Deepa Tailor.“Whenever I hear that a marriage is being torn apart by a contentious issue, the first thing that comes to mind is that the parties must try to make it less combative,” says Tailor, managing director of Tailor Law Professional Corporation.“Both parties have the ability and the power…

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May 29
0

5 Reasons Why You Shouldn’t Get Married Without A Prenup Or A Marriage Contract

By | Blog

Just because you love your spouse doesn’t mean that you shouldn’t get a prenup before you get married.  There are a number of reasons why a couple would want to consider signing a prenup (or marriage contract) before getting married. Talking about what would happen if you were to divorce can lend itself to peace of mind and a happier and more open and honest relationship.  It could also mean that both parties save money by not having to pay for an expensive divorce. What is a prenup or “marriage contract”? A “prenup” or a “marriage contract” is a contract…

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