3 Common Questions in Calgary Divorces
January 20, 2016
As one of Calgary's leading family law and divorce law firms, GDE Family Law has long committed itself to providing the best possible information to our clients and to the community in the Greater Calgary Area. We started this blog as a part of that commitment, bringing the most relevant advice and answers we can to Calgary at large.
Of course, we can't provide specific advice for any individual divorce or other circumstance without talking to you about the details, but we can answer some of the most common questions we're asked by our Calgary divorce clients. Here are three that we hear relatively frequently, and that might be on your mind if you're considering or in the process of a divorce.
How Long Will My Divorce Take in the Calgary Courts?
There's no exact timeline for any divorce to be finalized by the Calgary courts; a number of factors can affect how long your divorce will take. How amicable you and your spouse are when it comes to the separation, how many assets you have and what type of assets they are, whether or not you or your spouse will be seeking ongoing support, and whether or not there are children involved can all impact your divorce's timeline.
If the divorce is mutually sought and you have minimal assets or a full agreement on how to split them, the divorce process in Calgary can be very simple and straightforward, and might be finalized quickly. Your Calgary divorce lawyer can help give you a more specific idea about your divorce timeline after discussing your case, though even then there is no certainty.
How Will My Ex-Spouse and I Split Our Assets?
This is really two questions: what assets will each of you end up with, and what is the process by which the assets will be split?
For the first question, the answer is the same as the question of how long your divorce will take: it depends. A lot of factors come into play when it comes to dividing assets in a Calgary divorce, and you'll need to discuss your specific case with a Calgary divorce lawyer to get a better idea of what you can expect.
As for how your assets will be split, it depends on the type of assets and the specific agreement reached. For shared bank accounts, you and your spouse might create new individual accounts and split the funds, or you might each take ownership of different existing accounts. Property might be sold and the cash split, or one spouse might purchase the other's their share of a home or other property.
When Do I Need a Calgary Divorce Lawyer?
It's best to contact a divorce lawyer as soon as you're seriously considering a divorce. A lawyer can help you see all of your options and set expectations that can enable you to make the best possible choice, and can also help you initiate your divorce with as little stress and conflict as possible.
If you would like to speak to one of Calgary's leading divorce lawyers, please contact GDE Family Law today.
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