How have severance pay been treated in the context of determining child support?
Nova Scotia, Canada
The following excerpt is from a caselaw decision:
As stated, the severance pay was used to purchase an RRSP and I considered the status of severance pay in Valis v. Valis (1998), 1998 CanLII 2223 (NS SC), 170 N.S.R. (2d) 116 and found the severance pay on termination of employment was income for the purpose of ascertaining appropriate child support. Reference is made to p. 119:
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