2023 Federal Budget Allows Divorced or Separated Parents to Open Joint RESPs
Effective March 28, 2023 upon the tabling of the 2023 Federal Budget, divorced or separated parents can open joint RESPs for one or more of ... Continued
Important Proposed Amendment to the Family Law Act Regarding Excluded Property
New amendments to the British Columbia Family Law Act may provide clarity on a hotly contested issue arising upon separation – if a spouse has ... Continued
How is Ownership Determined After a Break-Up? Proposed Changes to the Family Law Act Clarify Certain Rules of Evidence
By Alison Colpitts On March 27, 2023, the Honourable Niki Sharma, Attorney General for British Columbia, proposed significant changes to the Family Law Act with ... Continued
Divorce and Taxes: Practical Tips & Techniques to Balance the Books During Separation
Separation can be taxing, both emotionally and financially, and is a time when surprises are generally unwelcome. Knowing the effects that separation will have on ... Continued
Uncertainty of Terms: Daughter Unsuccessful in Enforcing Oral Agreement Against Father
While it is best practice for a contract to be recorded in writing, parties still enter into contractual relations via oral agreements and handshake deals. ... Continued
Making Family Conflict Less Taxing: Are My Legal Fees Tax Deductible?
Separation can be taxing, both emotionally and financially, and is a time when surprises are generally unwelcome. Knowing the effects separation will have on your ... Continued
Double the Benefits: How Bespoke Family Law Agreements Can Also Bring Tax Savings
One major advantage of having a professionally-prepared family law agreement is the possibility that, with advance planning and careful drafting, obligations under the agreement can ... Continued
A mortgagee or not a mortgagee, that is the Standard Mortgage Clause question
Most property insurance policies include a one-page document, in relatively fine print, that has a huge impact on whether insurance monies are payable under a ... Continued
How to Optimize Your Tax Payments Upon Separation or Divorce
With emotions running high and a new reality to get used to, separations are difficult enough without taking into account how you may be taxed ... Continued
Family Tax Series: What BC Families Need to Know Before Filing This Year’s Taxes
Families need to understand that their tax obligations and opportunities are more complex and dynamic than regular taxpayers, requiring a proactive approach to tax planning ... Continued
Unpaid Invoice – what happens after internal collection efforts are exhausted?
By Lauren Zeleschuk Even the most successful businesses deal with delinquent accounts. Usually, your customers pay their invoices, but when they don’t, legal action may ... Continued
Arbitration for Small & Medium-Sized Business: 5 Reasons to Include Arbitration Clauses in Your Agreements
By Brent Meckling Business disputes are often an unwelcome disruption to owners, often leading to financial losses, damaged reputations, and a decrease in productivity. This ... Continued