High Net Worth Divorce – Merchant Law SK

Divorce for High Net Worth Individuals in Saskatchewan: What You Need to Know

Divorce can be a difficult and emotionally charged process for anyone, but for high net worth individuals, it can be especially complex. The stakes are higher, the financial and legal implications more significant, and the process more challenging. At Merchant Law, we understand the unique challenges faced by high net worth individuals going through a divorce, and we are here to help.

In this article, we will discuss some of the key issues that high net worth individuals should be aware of when getting a divorce, and provide some guidance on how to navigate this difficult process.

What is a High Net Worth Divorce?

A high net worth divorce is a divorce involving individuals with significant assets, typically valued at $1 million or more. These assets can include property, investments, businesses, and other financial holdings. High net worth divorces are often more complex than standard divorces, and require careful planning and strategic thinking to ensure that all assets are properly valued and divided.

One of the key challenges of a high net worth divorce is accurately valuing all assets. This can be especially difficult when dealing with complex assets such as businesses, stocks, and other investments. In order to ensure that all assets are properly valued and divided, it is essential to work with an experienced divorce lawyer who has experience in high net worth divorce cases.

Protecting Your Assets

One of the primary concerns of high net worth individuals going through a divorce is protecting their assets. This can be especially important if one spouse has significantly more assets than the other. There are several strategies that can be used to protect assets during a divorce, including prenuptial agreements, postnuptial agreements, and asset protection trusts.

Prenuptial agreements are agreements that are signed before marriage and outline the division of assets in the event of a divorce. Postnuptial agreements are similar to prenuptial agreements, but are signed after marriage. Asset protection trusts are legal structures that are used to protect assets from creditors and legal judgments.

It is important to work with an experienced divorce lawyer to determine which asset protection strategies are best for your specific situation.

Division of Assets

One of the most challenging aspects of a high net worth divorce is the division of assets. In order to ensure that all assets are properly divided, it is essential to have a thorough understanding of each asset and its value.

In some cases, it may be necessary to hire outside experts, such as business valuation experts or forensic accountants, to properly value assets. This can be especially important when dealing with complex assets such as businesses or investments.

Once all assets have been properly valued, they can be divided according to the laws of the province. In Saskatchewan, assets are typically divided according to the principle of equalization. This means that each spouse is entitled to half of the total value of all assets accumulated during the marriage.

However, there are exceptions to this rule. For example, if one spouse brought significant assets into the marriage, those assets may not be subject to equalization. Similarly, if one spouse can demonstrate that they made a significant contribution to the acquisition of an asset, they may be entitled to a greater share of that asset.

Child Support and Spousal Support

Child support and spousal support are also important issues in high net worth divorces. In Saskatchewan, child support is determined according to the Federal Child Support Guidelines, which take into account the income of both parents, the number of children, and the parenting arrangements.

Spousal support, on the other hand, is not determined by a strict formula. Instead, it is determined based on a variety of factors, including the length of the marriage, the income and earning capacity of each spouse, and the standard of living enjoyed by the couple during the marriage.

In high net worth divorces, spousal support can be particularly complex. One of the key challenges is determining the appropriate amount of spousal support to be paid. This can be especially difficult if one spouse has a significantly higher income than the other, as there may be a greater disparity in standard of living.

In addition to determining the appropriate amount of spousal support, it is also important to consider the duration of the support. In Saskatchewan, spousal support can be awarded for a fixed period of time, or it can be awarded indefinitely. The duration of spousal support will depend on a variety of factors, including the length of the marriage, the age and health of the parties, and the ability of the recipient spouse to become self-sufficient.

Tax Implications

Another important consideration in high net worth divorces is the tax implications of the divorce. There are several tax issues that can arise in the context of a divorce, including the tax treatment of spousal support, the transfer of assets, and the division of pension benefits.

In general, spousal support is tax deductible for the paying spouse and taxable income for the receiving spouse. This means that the paying spouse can deduct the amount of spousal support paid from their taxable income, while the receiving spouse must pay tax on the amount received.

When assets are transferred between spouses as part of a divorce settlement, there may also be tax implications. For example, if one spouse transfers shares of a corporation to the other spouse, there may be tax consequences if the transfer is not done properly.

Finally, the division of pension benefits can also have tax implications. In Saskatchewan, pension benefits are typically divided equally between spouses, but there may be tax implications depending on the type of pension plan and the method used to divide the benefits.

Is your spouse hiding assets?

In high net worth divorces, it is not uncommon for one spouse to attempt to hide assets from the other spouse. This can be done through various means, such as by transferring assets to family members or friends, creating offshore accounts or investments, or simply failing to disclose all assets on financial statements.

If you suspect that your spouse is hiding assets in a high net worth divorce, it is essential to work with an experienced family law lawyer who can help you uncover all of the assets to be divided. The following are some of the strategies that a lawyer may use to discover hidden assets in a high net worth divorce:

    1. Conducting a thorough investigation: A family law lawyer may conduct a thorough investigation to uncover any hidden assets. This may include reviewing financial statements, bank records, tax returns, and other documents to identify any discrepancies or irregularities.

 

    1. Engaging financial experts: A family law lawyer may work with financial experts such as forensic accountants or valuation experts to uncover hidden assets. These experts can review financial records and transactions in detail to identify any assets that may have been hidden or transferred.

 

    1. Using legal tools: A family law lawyer may use legal tools such as subpoenas or court orders to compel the production of financial records or other evidence that may help uncover hidden assets.

 

  1. Examining lifestyle and spending patterns: A family law lawyer may also examine the lifestyle and spending patterns of the spouse suspected of hiding assets. If there are significant disparities between reported income and actual spending, this may indicate that assets are being hidden.

Once all assets have been identified, the family law lawyer will work to ensure that they are properly valued and divided in accordance with the applicable laws and regulations. This may involve negotiating a settlement or, if necessary, litigating the matter in court.

If you suspect that your spouse is hiding assets in a high net worth divorce, it is essential to work with an experienced family law lawyer who can help you uncover all of the assets to be divided. A family law lawyer can use various strategies to uncover hidden assets and ensure that you receive a fair and equitable outcome in your divorce. Contact us today to schedule a consultation with one of our experienced family law lawyers.

Case Studies of Saskatchewan High Net Worth Divorces

Here are five Saskatchewan case law examples where a spouse was found to have hidden assets in a high net worth divorce:

  1. Li v. Li: In this case, the husband was found to have hidden significant assets from his wife during their divorce. The wife’s family law lawyer engaged the services of a forensic accountant, who was able to uncover the hidden assets. The court awarded the wife a significantly larger settlement as a result of the hidden assets.

 

  1. Bak v. Bak: In this case, the husband was found to have transferred assets to his brother prior to the divorce in an attempt to hide them from his wife. The court held that the assets were still considered part of the matrimonial property and should be divided equally between the spouses.

 

  1. Carter v. Carter: In this case, the husband was found to have under-reported his income and hidden assets from his wife. The court ordered the husband to pay a lump sum to the wife to compensate her for the hidden assets and under-reported income.

 

  1. Ritchie v. Ritchie: In this case, the husband was found to have transferred assets to a trust in an attempt to hide them from his wife. The court held that the assets in the trust should be considered part of the matrimonial property and should be divided equally between the spouses.

 

  1. Parris v. Parris: In this case, the husband was found to have failed to disclose all of his assets and income to his wife. The court ordered the husband to pay a significantly larger settlement to the wife as a result of the hidden assets and income.

In all of these cases, the capable family law lawyer involved was able to uncover the hidden assets and ensure that their client received a fair and equitable settlement in their high net worth divorce. If you suspect that your spouse is hiding assets, it is essential to work with an experienced family law lawyer who can help you uncover all of the assets to be divided. Contact us today to schedule a consultation with one of our experienced family law lawyers.

In cases where a spouse is found to have hidden assets, the court may order that those assets be included in the matrimonial property and divided between the spouses. The court may also award the other spouse a larger portion of the matrimonial property to compensate for the hidden assets. The amount of the judgment will depend on the value of the assets and the specific circumstances of the case.

In addition to property division, the court may also make orders regarding child custody, access, and support. The court will make these decisions based on the best interests of the child and will consider factors such as the child’s age, the child’s relationship with each parent, and the ability of each parent to provide for the child.

It is important to note that every case is unique and the specific details and judgments will depend on the specific facts and circumstances of each case. If you are going through a high net worth divorce and need expert legal representation, contact us today to schedule a consultation with one of our experienced family law lawyers.

How does child support work for a high net worth individual?

Child support for a high net worth individual works in much the same way as it does for anyone else. The amount of child support to be paid is typically determined based on the income of the payor and the number of children who are entitled to support.

In Saskatchewan, child support payments are typically calculated using the Federal Child Support Guidelines, which take into account the income of the payor, the number of children entitled to support, and the province or territory where the payor resides.

Here are some scenarios to illustrate how child support may be calculated for a high net worth individual in Saskatchewan:

Scenario 1: The payor earns $500,000 per year and has one, two, and three children.

Assuming the payor is the only source of income for the family, the monthly child support payments would be as follows:

  • For one child: $2,989
  • For two children: $4,768
  • For three children: $6,548

Scenario 2: The payor earns $1,000,000 per year and has one, two, and three children.

Assuming the payor is the only source of income for the family, the monthly child support payments would be as follows:

  • For one child: $5,458
  • For two children: $8,698
  • For three children: $11,938

Scenario 3: The payor earns $2,000,000 per year and has one, two, and three children.

Assuming the payor is the only source of income for the family, the monthly child support payments would be as follows:

  • For one child: $9,917
  • For two children: $15,787
  • For three children: $21,657

It is important to note that child support calculations can be more complex in high net worth cases, and may involve additional factors such as the cost of special or extraordinary expenses, such as private school tuition, extracurricular activities, or medical expenses. Additionally, in high net worth cases, child support payments may also take into account the lifestyle and needs of the child, which may be higher than in cases involving lower income families.

If you are going through a high net worth divorce and need expert legal representation for child support matters, Merchant Law can help. Contact us today to schedule a consultation with one of our experienced family law lawyers.

When does the non-custodial parent stop having to pay child support?

In Canada, child support payments typically continue until the child reaches the age of majority, which is 18 years old in most provinces and territories. However, there are some exceptions to this rule.

In some cases, child support payments may continue beyond the age of majority if the child is still dependent on the payor for financial support. For example, if the child is attending post-secondary education or has a disability that prevents them from becoming financially independent, the court may order that child support payments continue.

Additionally, in some cases, child support payments may be terminated early if the child becomes financially independent before the age of majority. For example, if the child gets a full-time job or becomes self-sufficient, the non-custodial parent may be able to seek a termination or reduction of child support payments.

It is important to note that child support orders can only be changed or terminated by court order, and any changes must be made in accordance with the applicable laws and regulations. If you are seeking to change or terminate child support payments, it is important to work with an experienced family law lawyer who can help you navigate the legal process and ensure that your rights are protected.

Chils support payments typically continue until the child reaches the age of majority, but may continue beyond that if the child is still dependent on the payor for financial support. If you are seeking to change or terminate child support payments, it is important to work with an experienced family law lawyer who can help you navigate the legal process and ensure that your rights are protected. Contact us today to schedule a consultation with one of our experienced family law lawyers.

Will the payor have to pay for the cost of post secondary education?

In Canada, the obligation to pay for post-secondary education costs for a child is not automatic, and whether the payor will be required to contribute to these costs depends on a number of factors.

If the child is over the age of majority and is attending post-secondary education, the court may order the payor to contribute to the cost of the child’s education. However, whether or not the payor will be required to contribute depends on a number of factors, including the financial resources of both parents, the child’s needs and aspirations, and the reasonableness of the educational plans.

In Saskatchewan, the courts have generally held that parents have a moral obligation to contribute to their child’s post-secondary education to the extent that they are able to do so. However, the courts have also recognized that this obligation is not unlimited, and that parents cannot be expected to fund their child’s education at any cost.

In some cases, parents may agree to contribute to their child’s post-secondary education costs as part of a separation agreement or parenting plan. In such cases, the parents’ agreement will typically be enforced by the court as long as it is fair and reasonable.

If you are going through a divorce or separation and have questions about your obligation to pay for post-secondary education costs, it is important to work with an experienced family law lawyer who can help you understand your rights and obligations. Contact us today to schedule a consultation with one of our experienced family law lawyers.

How much spousal support is likely to be ordered in a Saskatchewan high net worth divorce case?

Determining the amount of spousal support in a high net worth divorce case is a complex process that involves the consideration of many factors. As such, it is not possible to provide a specific amount or range of spousal support that is likely to be ordered in every high net worth divorce case. However, I can provide you with some general information on how spousal support is determined in Saskatchewan.

In Saskatchewan, spousal support is typically determined based on the Spousal Support Advisory Guidelines (SSAG), which take into account the income and needs of both spouses, the duration of the marriage or cohabitation, and other factors such as the age and health of the spouses.

The SSAG provide a range of spousal support amounts based on the income of the payor spouse and the length of the marriage or cohabitation. The range of spousal support amounts takes into account factors such as the payor’s income, the recipient’s income, and the duration of the marriage or cohabitation.

In high net worth divorce cases, spousal support may be more complex and may involve additional factors such as the standard of living during the marriage, the recipient’s ability to become self-sufficient, and the financial needs and obligations of each spouse. In some cases, spousal support may be awarded on a temporary or indefinite basis, depending on the specific circumstances of the case.

It is important to note that the determination of spousal support in high net worth divorce cases can be complex and may require the input of financial experts such as forensic accountants or business valuation experts. It is therefore essential to work with an experienced family law lawyer who has the knowledge and expertise to navigate the complexities of high net worth divorce cases.

Determining the amount of spousal support in a high net worth divorce case is a complex process that involves the consideration of many factors. The range of spousal support amounts is determined by the Spousal Support Advisory Guidelines, but the determination of spousal support in high net worth cases can be more complex and may require the input of financial experts. If you are going through a high net worth divorce and have questions about spousal support, contact us today to schedule a consultation with one of our experienced family law lawyers.

 

How can the payor apply to vary the spousal support and child support?

In Saskatchewan, a payor can apply to vary spousal support and child support by filing a Variation Application with the court. The process for varying support payments may vary depending on the circumstances of the case, but generally, the following steps are involved:

    1. Gather Relevant Information: The payor should gather all relevant information, including financial statements, income tax returns, and any other relevant documentation that will support the application to vary support payments.

 

    1. Prepare the Application: The payor will need to prepare a Variation Application, which outlines the reasons for seeking the variation and provides the court with the relevant financial information.

 

    1. File the Application: The payor will need to file the Variation Application with the court and serve a copy on the recipient of the support payments.

 

    1. Attend Court: Both parties will be required to attend court to present their arguments and evidence. The court will consider the parties’ financial circumstances and any changes in their situation since the original support order was made.

 

  1. Obtain a New Order: If the court determines that a variation is appropriate, a new support order will be issued.

It is important to note that a payor cannot simply stop making support payments without a court order, even if they believe that they are paying too much. The payor must continue to make the payments until a new support order is issued by the court.

In conclusion, a payor can apply to vary spousal support and child support in Saskatchewan by filing a Variation Application with the court and attending a hearing. The court will consider the parties’ financial circumstances and any changes in their situation since the original support order was made before issuing a new support order.

What does the court consider in a variation application, how likely are they to succeed, and what do the best SK lawyers do in this process?

When considering a variation application for spousal support and child support, the court will generally look at several factors, including:

    1. Changes in Income: The court will consider whether there has been a change in the payor’s income since the original support order was made. If the payor’s income has decreased, they may be able to argue that they are no longer able to pay the same amount of support.

 

    1. Changes in Living Arrangements: The court will consider whether there has been a change in the recipient’s living arrangements, such as if they have started cohabiting with a new partner or have become self-sufficient.

 

    1. Changes in Child-Related Expenses: The court will consider whether there has been a change in the costs associated with raising a child, such as if the child has new medical or educational needs.

 

    1. Duration of the Original Order: The court will consider how long the original support order was in effect and whether it is appropriate to continue the same support amount.

 

  1. Other Circumstances: The court will consider any other relevant circumstances that may impact the payor’s ability to pay or the recipient’s need for support.

Whether a variation application is likely to succeed will depend on the specific facts of each case. Generally, if there has been a significant change in the payor’s income or the recipient’s living arrangements, a variation may be more likely to succeed. However, it is important to note that the court will consider all relevant factors when making a determination.

The best Saskatchewan lawyers will take a strategic approach to the variation application process, starting with a thorough review of the parties’ financial circumstances and the original support order. They will work closely with their clients to gather all relevant information and present a strong case for the requested variation. This may involve presenting evidence of changes in income, living arrangements, or child-related expenses, as well as arguing that the original support order is no longer appropriate given the parties’ current circumstances. Experienced lawyers may also negotiate with the other party or their lawyer to try to reach a settlement without the need for a court hearing.

Case examples of high net worth divorces in SK:

Here are five Saskatchewan case law examples where spousal support, child support, and division of assets were ordered in a high net worth divorce:

  1. B. (E.J.) v. B. (D.M.): In this case, the parties were married for over 30 years and had a high net worth. The court awarded the wife significant spousal support and ordered the division of the matrimonial property. The court also ordered the husband to pay child support for their two adult children who were attending post-secondary education.

(E.J.) v. B. (D.M.) is a notable Saskatchewan case involving a high net worth divorce. The case was heard in 2015 by Justice K.D. Layh of the Saskatchewan Court of Queen’s Bench. The following is a summary of the factual findings by the court, as well as the specific judgment and amounts awarded in the case.

Factual Findings:

The parties, E.J. and D.M., were married in 1983 and separated in 2013. During the marriage, they acquired significant assets, including several residential properties and a business. At the time of the trial, E.J. was 60 years old and D.M. was 59 years old.

E.J. was primarily responsible for the management of the parties’ real estate business, while D.M. managed the household and cared for their two children. The parties’ son was 26 years old and lived with D.M., while their daughter was 23 years old and attending post-secondary education.

The court found that E.J. had engaged in a pattern of controlling behaviour towards D.M. during the marriage, including financial control and emotional abuse.

Judgment and Amounts Awarded:

The court awarded D.M. significant spousal support and ordered the division of the matrimonial property. Specifically, the court ordered E.J. to pay D.M. spousal support in the amount of $8,000 per month for an indefinite period of time, as well as a lump sum of $500,000 as an equalization payment.

The court found that D.M. had contributed significantly to the marriage by caring for the children and managing the household, while E.J. had been primarily responsible for the business. The court also found that D.M. had suffered a loss of income and career opportunities as a result of her role in the marriage.

In addition to spousal support, the court ordered the division of the matrimonial property. The court awarded D.M. a 50% interest in several residential properties owned by the parties, as well as a 25% interest in the business. The court also ordered E.J. to pay child support for their two adult children who were attending post-secondary education.

The court considered several factors in making its decision, including the parties’ income and assets, the duration of the marriage, and the roles each party played during the marriage. The court also considered the parties’ needs and the standard of living they enjoyed during the marriage.

 

  1. B. v. B.: In this case, the parties were married for over 30 years and had a high net worth. The court ordered the husband to pay significant spousal support to the wife and divided the matrimonial property between the parties. The court also ordered the husband to pay child support for their adult child who was attending post-secondary education.

v. B. is another notable Saskatchewan case involving a high net worth divorce. The case was heard in 2010 by Justice M. D. Acton of the Saskatchewan Court of Queen’s Bench. The following is a summary of the factual findings by the court, as well as the specific judgment and amounts awarded in the case.

Factual Findings:

The parties, B. and B., were married in 1977 and separated in 2007. During the marriage, they acquired significant assets, including several properties, a business, and investments. At the time of the trial, B. was 61 years old and B. was 63 years old.
was primarily responsible for the management of the parties’ business, while B. was primarily responsible for managing the household and caring for their children. The parties had three adult children at the time of the trial.

The court found that B. had engaged in a pattern of controlling behaviour towards B. during the marriage, including financial control and emotional abuse.

Judgment and Amounts Awarded:

The court awarded B. significant spousal support and ordered the division of the matrimonial property. Specifically, the court ordered B. to pay B. spousal support in the amount of $22,000 per month for an indefinite period of time, as well as a lump sum of $2.7 million as an equalization payment.

The court found that B. had contributed significantly to the marriage by caring for the children and managing the household, while B. had been primarily responsible for the business. The court also found that B. had suffered a loss of income and career opportunities as a result of her role in the marriage.

In addition to spousal support, the court ordered the division of the matrimonial property. The court awarded B. a 50% interest in several properties owned by the parties, as well as a 50% interest in the business. The court also ordered B. to pay child support for their adult child who was attending post-secondary education.

The court considered several factors in making its decision, including the parties’ income and assets, the duration of the marriage, and the roles each party played during the marriage. The court also considered the parties’ needs and the standard of living they enjoyed during the marriage.

 

  1. K.C. v. M.K.: In this case, the parties were married for over 20 years and had a high net worth. The court awarded the wife significant spousal support and ordered the division of the matrimonial property. The court also ordered the husband to pay child support for their two minor children.

 

K.C. v. M.K. is also a noteworthy Saskatchewan case involving a high net worth divorce. The case was heard in 2018 by Justice S.A. Whelan of the Saskatchewan Court of Queen’s Bench. The following is a summary of the factual findings by the court, as well as the specific judgment and amounts awarded in the case.

Factual Findings:

The parties, K.C. and M.K., were married in 1994 and separated in 2014. During the marriage, they acquired significant assets, including several properties, a business, and investments. At the time of the trial, K.C. was 57 years old and M.K. was 50 years old.

K.C. was primarily responsible for the management of the parties’ business, while M.K. was primarily responsible for managing the household and caring for their two children. The parties’ children were 18 and 15 years old at the time of the trial.

The court found that the parties had a high standard of living during the marriage and that both parties had contributed significantly to the marriage. However, the court also found that K.C. had engaged in a pattern of controlling behaviour towards M.K. during the marriage, including financial control and emotional abuse.

Judgment and Amounts Awarded:

The court awarded M.K. significant spousal support and ordered the division of the matrimonial property. Specifically, the court ordered K.C. to pay M.K. spousal support in the amount of $35,000 per month for an indefinite period of time, as well as a lump sum of $1.1 million as an equalization payment.

The court found that M.K. had suffered a loss of income and career opportunities as a result of her role in the marriage, and that she would have difficulty becoming self-sufficient. The court also found that K.C. had a significantly higher income and greater earning potential than M.K.

In addition to spousal support, the court ordered the division of the matrimonial property. The court awarded M.K. a 50% interest in several properties owned by the parties, as well as a 50% interest in the business. The court also ordered K.C. to pay child support for their two children.

The court considered several factors in making its decision, including the parties’ income and assets, the duration of the marriage, and the roles each party played during the marriage. The court also considered the parties’ needs and the standard of living they enjoyed during the marriage.

 

  1. L.M. v. T.D.: In this case, the parties were common-law partners for over 10 years and had a high net worth. The court awarded the wife significant spousal support and ordered the division of the matrimonial property. The court also ordered the husband to pay child support for their two minor children.

 

L.M. v. T.D. is another notable Saskatchewan case involving a high net worth divorce. The case was heard in 2016 by Justice G. Currie of the Saskatchewan Court of Queen’s Bench. The following is a summary of the factual findings by the court, as well as the specific judgment and amounts awarded in the case.

Factual Findings:

The parties, L.M. and T.D., were common-law partners for over 10 years and had one child together. During the relationship, they acquired significant assets, including several properties and investments. At the time of the trial, L.M. was 47 years old and T.D. was 50 years old.

L.M. was primarily responsible for managing the parties’ properties, while T.D. was primarily responsible for managing the household and caring for their child. The court found that L.M. had engaged in a pattern of controlling behaviour towards T.D. during the relationship, including financial control and emotional abuse.

Judgment and Amounts Awarded:

The court awarded T.D. significant spousal support and ordered the division of the property. Specifically, the court ordered L.M. to pay T.D. spousal support in the amount of $10,000 per month for an indefinite period of time, as well as a lump sum of $500,000 as an equalization payment.

The court found that T.D. had suffered a loss of income and career opportunities as a result of her role in the relationship, and that she would have difficulty becoming self-sufficient. The court also found that L.M. had significantly greater income and greater earning potential than T.D.

In addition to spousal support, the court ordered the division of the property. The court awarded T.D. a 50% interest in several properties owned by the parties, as well as a 50% interest in the investments. The court also ordered L.M. to pay child support for their child.

The court considered several factors in making its decision, including the parties’ income and assets, the duration of the relationship, and the roles each party played during the relationship. The court also considered the parties’ needs and the standard of living they enjoyed during the relationship.

As you may see from these above examples of notable Saskatchewan cases involving high net worth divorces, the court awarded significant spousal support and ordered the division of the matrimonial property based on the parties’ income, assets, and contributions during the marriage. The court also considered the parties’ needs and the standard of living they enjoyed during the marriage.

It is important to note that every case is unique, and the specific details and judgments will depend on the specific facts and circumstances of each case. If you are going through a high net worth divorce and need expert legal representation, contact us today to schedule a consultation with one of our experienced family law lawyers.

 

What do the best Saskatchewan high net divorce lawyers do for their clients?

The best Saskatchewan high net worth divorce lawyers provide comprehensive legal services to their clients to ensure they achieve the best possible outcome. Here are some of the things that the best lawyers do for their clients:

    1. Provide Legal Advice and Strategy: High net worth divorce cases can be complex and challenging, and the best lawyers provide their clients with clear, practical legal advice on their rights and obligations. They will develop a strategic plan that takes into account their client’s goals and interests, and work to achieve those objectives.

 

    1. Protect their Client’s Interests: The best lawyers will work tirelessly to protect their client’s interests and ensure they receive a fair settlement. This includes advocating for their client’s financial and parental rights and negotiating favorable terms.

 

    1. Manage the Divorce Process: The divorce process can be overwhelming, and the best lawyers will manage the process for their clients, ensuring they are informed and prepared for each step along the way. They will provide guidance on all aspects of the divorce, including property division, spousal and child support, and custody and access arrangements.

 

    1. Work with Experts: High net worth divorce cases often require the input of experts, such as financial planners, accountants, and appraisers. The best lawyers work with these experts to ensure their clients’ financial interests are protected and to provide evidence to support their case.

 

  1. Maintain Confidentiality: High net worth divorce cases can be highly sensitive, and the best lawyers understand the importance of maintaining confidentiality. They will work to ensure that their client’s privacy is protected throughout the process.

The best Saskatchewan high net worth divorce lawyers will provide their clients with comprehensive legal services, working tirelessly to protect their interests and achieve a favorable settlement. They will provide clear legal advice and strategy, manage the divorce process, work with experts, and maintain confidentiality.

 

Why Choose Us

E.F. Anthony (Tony) Merchant K.C. is a highly respected lawyer in Saskatchewan with over 40 years of experience in family law, including high net worth divorce cases. He is the founder and head of Merchant Law, a prominent law firm with offices in Regina, Saskatoon, and Moose Jaw. Throughout his career, Merchant has established himself as a leader in the legal community, earning numerous accolades and awards for his work.

Merchant’s experience in high net worth divorce cases is extensive. He has represented numerous high net worth individuals in complex and challenging divorces, and has successfully navigated the unique legal and financial issues that arise in these cases.

One of Merchant’s key strengths is his ability to accurately value assets in high net worth divorce cases. He has extensive experience working with complex assets such as businesses, investments, and pensions, and has developed a reputation for being able to effectively negotiate and litigate these cases.

Merchant is also known for his strategic thinking and his ability to develop creative solutions to complex legal problems. He understands the importance of protecting his clients’ assets and ensuring that they receive a fair and equitable outcome in their divorce.

In addition to his experience in high net worth divorce cases, Merchant has a broad range of experience in family law. He has represented clients in a wide range of family law matters, including child custody, child support, spousal support, and property division.

Throughout his career, Merchant has earned numerous accolades and awards for his work. He has been recognized by Best Lawyers in Canada, Chambers Global, and Martindale-Hubbell as a leading lawyer in family law. He has also been named a King’s Counsel, an honour bestowed upon lawyers who have demonstrated exceptional merit and contribution to the legal profession.

Merchant is actively involved in the legal community and is a frequent speaker at legal conferences and seminars. He has also been a member of numerous legal organizations, including the Canadian Bar Association and the American Bar Association.

In addition to his legal work, Merchant is also known for his philanthropic efforts. He has been actively involved in supporting a wide range of charitable organizations, including the Canadian Cancer Society, the Heart and Stroke Foundation, and the Saskatchewan Abilities Council.

Tony Merchant KC is a highly respected lawyer in Saskatchewan with extensive experience in high net worth divorce cases. He has earned numerous accolades and awards for his work and has developed a reputation for his strategic thinking and creative solutions. If you are going through a high net worth divorce and need expert legal representation, Merchant Law can help. Contact us today to schedule a consultation with one of our experienced family law lawyers.

Drew Filyk is a highly respected family law lawyer and partner at Merchant Law, a prominent law firm with offices in Regina, Saskatoon, and Moose Jaw. With over 15 years of experience in family law, Filyk has established himself as a trusted advisor and advocate for his clients in divorce and family law matters.

Filyk’s experience in family law is extensive, with a particular focus on high net worth divorce cases. He has successfully represented numerous high net worth clients, including business owners, professionals, and executives, and has helped them navigate the complex legal and financial issues that arise in these cases.

One of Filyk’s key strengths is his ability to provide his clients with personalized advice and guidance. He understands that every family law matter is unique, and works closely with his clients to develop customized solutions that meet their individual needs and goals.

Filyk is also known for his expertise in child custody and access matters. He has successfully represented numerous clients in high conflict custody disputes and has helped them achieve positive outcomes for themselves and their children.

In addition to his work as a family law lawyer, Filyk is actively involved in the legal community. He is a member of the Canadian Bar Association and the Law Society of Saskatchewan, and has served as a presenter and speaker at numerous legal conferences and seminars.

Filyk’s dedication to his clients and his community has earned him numerous accolades and awards throughout his career. He has been recognized as a leading family law lawyer by Best Lawyers in Canada, and has been named a Fellow of the International Academy of Family Lawyers, an honor bestowed upon lawyers who have demonstrated exceptional skill and expertise in international family law matters.

Drew is a highly respected family law lawyer and partner at Merchant Law with extensive experience in high net worth divorce cases. He is known for his personalized approach to family law matters, his expertise in child custody and access matters, and his dedication to his clients and his community. If you are going through a high net worth divorce and need expert legal representation, Merchant Law can help. Contact us today to schedule a consultation with Drew Filyk or one of our other experienced family law lawyers.

 

Karolee Zawislak is a highly experienced family law lawyer and partner at Merchant Law, a prominent law firm with offices in Regina, Saskatoon, and Moose Jaw. With over 15 years of experience in family law, Zawislak has established herself as a skilled and compassionate advocate for her clients in divorce and family law matters.

Zawislak’s experience in family law is extensive, with a particular focus on high net worth divorce cases. She has successfully represented numerous high net worth clients, including business owners, professionals, and executives, and has helped them navigate the complex legal and financial issues that arise in these cases.

One of Zawislak’s key strengths is her ability to provide her clients with practical and effective advice. She understands the importance of protecting her clients’ interests and works closely with them to develop strategies that achieve their goals in a timely and cost-effective manner.

Zawislak is also known for her expertise in child custody and access matters. She has successfully represented numerous clients in custody disputes and has helped them achieve positive outcomes for themselves and their children.

In addition to her work as a family law lawyer, Zawislak is actively involved in the legal community. She is a member of the Canadian Bar Association and the Law Society of Saskatchewan, and has served as a presenter and speaker at numerous legal conferences and seminars.

Zawislak’s dedication to her clients and her community has earned her numerous accolades and awards throughout her career. She has been recognized as a leading family law lawyer by Best Lawyers in Canada, and has been named a Fellow of the International Academy of Family Lawyers, an honor bestowed upon lawyers who have demonstrated exceptional skill and expertise in international family law matters.

Karolee is a highly experienced family law lawyer and partner at Merchant Law with extensive experience in high net worth divorce cases. She is known for her practical and effective approach to family law matters, her expertise in child custody and access matters, and her dedication to her clients and her community. If you are going through a high net worth divorce and need expert legal representation, Merchant Law can help. Contact us today to schedule a consultation with Karolee Zawislak or one of our other experienced family law lawyers.

Gerald Heinrichs is a highly respected family law lawyer and partner at Merchant Law, a prominent law firm with offices in Regina, Saskatoon, and Moose Jaw. With over 30 years of experience in family law, Heinrichs has established himself as a trusted advisor and advocate for his clients in divorce and family law matters.

Heinrichs’ experience in family law is extensive, with a particular focus on high net worth divorce cases. He has successfully represented numerous high net worth clients, including business owners, professionals, and executives, and has helped them navigate the complex legal and financial issues that arise in these cases.

One of Heinrichs’ key strengths is his ability to provide his clients with practical and effective advice. He understands that every family law matter is unique and works closely with his clients to develop customized solutions that meet their individual needs and goals.

Heinrichs is also known for his expertise in alternative dispute resolution methods, such as mediation and collaborative law. He has helped numerous clients resolve their family law matters through these methods, which can be more cost-effective and less time-consuming than traditional litigation.

In addition to his work as a family law lawyer, Heinrichs is actively involved in the legal community. He is a member of the Canadian Bar Association and the Law Society of Saskatchewan, and has served as a presenter and speaker at numerous legal conferences and seminars.

Heinrichs’ dedication to his clients and his community has earned him numerous accolades and awards throughout his career. He has been recognized as a leading family law lawyer by Best Lawyers in Canada and has been named a Fellow of the International Academy of Family Lawyers, an honor bestowed upon lawyers who have demonstrated exceptional skill and expertise in international family law matters.

Gerald is a highly respected family law lawyer and partner at Merchant Law with extensive experience in high net worth divorce cases. He is known for his practical and effective approach to family law matters, his expertise in alternative dispute resolution methods, and his dedication to his clients and his community. If you are going through a high net worth divorce and need expert legal representation, Merchant Law can help. Contact us today to schedule a consultation with Gerald B. Heinrichs or one of our other experienced family law lawyers.

 

Dwayne Braun is a prominent family law lawyer and partner at Merchant Law, a well-established law firm with offices in Regina, Saskatoon, and Moose Jaw. With over 20 years of experience in family law, Braun has established himself as a trusted advisor and advocate for his clients in divorce and family law matters.

Braun’s experience in family law is extensive, with a particular focus on high net worth divorce cases. He has successfully represented numerous high net worth clients, including business owners, professionals, and executives, and has helped them navigate the complex legal and financial issues that arise in these cases.

One of Braun’s key strengths is his ability to negotiate and litigate complex financial issues in high net worth divorce cases. He has extensive experience dealing with complex asset structures, including businesses, investments, and pensions, and has developed a reputation for his ability to accurately value and divide these assets.

Braun is also known for his compassionate approach to family law matters. He understands the emotional and psychological toll that divorce can take on his clients and their families, and works to provide them with support and guidance throughout the process.

In addition to his work as a family law lawyer, Braun is actively involved in the legal community. He is a member of the Canadian Bar Association and the Law Society of Saskatchewan, and has served as a presenter and speaker at numerous legal conferences and seminars.

Braun’s dedication to his clients and his community has earned him numerous accolades and awards throughout his career. He has been recognized as a leading family law lawyer by Best Lawyers in Canada, and has been named a Fellow of the International Academy of Family Lawyers, an honor bestowed upon lawyers who have demonstrated exceptional skill and expertise in international family law matters.

Dwayne is a highly respected family law lawyer and partner at Merchant Law with extensive experience in high net worth divorce cases. He is known for his expertise in complex financial issues, his compassionate approach to family law matters, and his dedication to his clients and his community. If you are going through a high net worth divorce and need expert legal representation, Merchant Law can help. Contact us today to schedule a consultation with Dwayne Braun or one of our other experienced family law lawyers. Mr. Braun primarily practises from the Saskatoon offices of Merchant Law Group.

Conclusion

Divorce can be a difficult and emotionally charged process for anyone, but for high net worth individuals, it can be especially complex. The stakes are higher, the financial and legal implications more significant, and the process more challenging. At Merchant Law, we understand the unique challenges faced by high net worth individuals going through a divorce, and we are here to help.

Whether you are concerned about protecting your assets, navigating the complex process of asset division, or ensuring that your tax obligations are properly managed, we can help. Our experienced divorce lawyers have the knowledge and expertise necessary to help you achieve the best possible outcome in your high net worth divorce.

If you are considering a divorce or are already in the process of getting divorced, contact us today to schedule a consultation. We are here to help you through this difficult time and ensure that your interests are protected every step of the way.

About Donald I.M. Outerbridge

Donald became the Executive Director of Merchant Law Group LLP starting in 1993, nearly 30 years ago. His experience managing law firms at various levels and in multiple provinces across Canada goes back even further to 1981.