Demas Schaefer LLP serve all of Northern Alberta.
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When parents separate, one of the most emotionally charged questions that arises is where the children will live. Some children express clear preferences. Others struggle with divided loyalties. Parents often ask whether their child can simply decide. Alberta law takes a thoughtful, balanced approach to these situations — one that places the child’s best interests at the centre of every decision.
When a relationship ends, one of the most urgent and emotionally charged questions couples face is what will happen to the family home — and, just as importantly, what will happen to the mortgage tied to it. For many Albertans, the home is the largest asset and the mortgage is the largest debt. Deciding who stays, who leaves and who pays can quickly become complicated.
When couples separate, questions about how to divide the home, savings, debt and other assets often take centre stage. Many Albertans search online for information about “equalization payments” — a term commonly used in Ontario.