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Worked example ยท composite, anonymised

A business owner and a 22-year marriage: British Columbia

Sam (owns a landscaping company) and Alex (part-time bookkeeper, left the workforce for ten years), married 22 years, adult children, house, company valued at $600,000.

About these examples. Each is a composite built from typical FairWell cases with details changed. Numbers are illustrative of how the rules apply, not predictions for your situation.

The route

The business made this too complex for a self-serve path alone. They used FairWell for disclosure and the draft, jointly retained one business valuator, and each had a lawyer negotiate the business terms.

Property

Under the BC Family Law Act the company was family property to the extent it grew during the relationship. A joint valuation produced $600,000 with a note on personal goodwill. Sam kept the company; Alex took the house equity and the RRSPs, with a $60,000 balance paid over three years, secured against the company shares.

Support

Alex's ten years out of the workforce made this a compensatory case. The SSAG range at 22 years produced indefinite support. They agreed a monthly amount with a review at Sam's retirement and a clause acknowledging the double-dipping principle so the RRSP transfer was not counted again as income.

Cost and time

$999 package plus $4,500 for the joint valuation and roughly $6,000 each in lawyer fees for the negotiated business terms. Signed in five months. Far below the $30,000 to $50,000 each that a litigated version would have cost.

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