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Working with an Estate Planning Lawyer
You’ve finally decided that you are ready to put together an estate plan (preparation of wills, trusts, and power of attorneys etc.) but are not sure about what the process will involve. Here’s a quick list of some items that you should be prepared for: Get specific about your assets There’s no estate plan without […]
Net Family Property and Equalization: An Introduction
Equalization is a payment from one spouse to the other at the end of a marriage. This equalization payment ONLY applies to married spouses, not to common law spouses. S. 5(1) of the Family Law Act (“FLA“) provides for Equalization when: A divorce is granted; Marriage is declared a nullity; When (married) spouses are separated and there is […]
Spousal Support: The Spousal Support Advisory Guidelines
Spousal support is often a very contentious issue on separation as it has a much more subjective approach than child support. A lot more factors go into determining a spousal support amount and there is no hard and fast rule on how it is to be calculated. The government has provided a set of guidelines […]