Securing Your Wealth Before and During Marriage
Finances are usually at the heart of marital disagreements. Even in the most stable relationship, money can be a sensitive topic between couples.
Finances are usually at the heart of marital disagreements. Even in the most stable relationship, money can be a sensitive topic between couples.
Running a business endeavour can be fraught with challenges. Success is rarely guaranteed and even the most enterprising owner can face an uphill climb to stay competitive in today’s changing business environment.
Much thought can go into protecting assets in a high-net-worth divorce. While every divorce can present challenges, one that involves individuals with considerable assets can be particularly complicated.
Divorce typically introduces another extraneous encumbrance on an already taxed life. The end of a relationship may well be in a couple’s best interests but dissolving any union can come with stress and unseen challenges.
Vancouver is home to many industrial and business leaders who have become wealthy through their hard work and business acumen.
Anyone who has ever owned a pet knows they quickly become valued family members.
Divorce can be difficult at the best of times. However, if the two parties approach it rationally and without malice for each other, the process will likely be amicable and relatively quick.
Emotions can get the better of even the most rational person, and a decision made in anger can result in unforeseen and regrettable consequences.
There are many step-families across British Columbia where either the mother or the father is not the children's biological parent. But if the blood parent were to die, would the step-parent be liable for child support?
Ensuring a child is cared for is the foremost guiding principle in family law. The best interests of the child is a legal test used to decide what would best protect your child.
The duty to pay child support in British Columbia generally continues until children reach the age of 19. But there are exceptions on both sides of the age of majority.
Canadian children have a legal right to financial support from both parents and a separation or a divorce does not change that obligation.
One certainty in life is that change is inevitable. We all have certain rights and obligations but they can be suddenly altered due to shifting circumstances.
Welcome to Part 2 of our series on understanding Spousal Support in British Columbia.
Spousal support is payment of financial support by a higher earning spouse to a lower or non-income earning spouse after the breakdown of a marriage or marriage-like relationship.