If the invitations are being printed and table seating arrangements are being finalized, you would have already taken steps securing your personal and corporate wealth prior to your wedding. Not yet? It’s not too late if you start the process right now. Structure and Function Presenting a completed agreement at the height of wedding preparations
The welfare of the family may be financially dependent upon the health of the family business. In most cases, the collective goal of the family is to keep that enterprise thriving, growing, and profitable. When a family is going through a tough separation or divorce transition, there will be parallel and often intersecting interests: family
Imputing Income: 3 Responses to 3 Risky Scenarios Canadian child support legislation reiterates society’s desire to hold children’s welfare as the first financial priority for families upon separation. A tenant of that principle is the consistent treatment objective of the Child Support Guidelines (CSG). Both spouses earning the same income yet applying different tax treatments
Many former spouses signaled the end of their relationship with a negotiated separation agreement. The journey from date of separation to signed agreement may have spawned a few months to a couple of years. Whether they were wise to retain legal counsel or perhaps were not able to do so, each would have been embroiled
When entrepreneurs and small business owners are transitioning their personal relationships such as cohabiting or separating is to learn about their right to secure their wealth and prepare for an orderly distribution if that relationship doesn’t succeed. Another time of transition requiring a good look at securing wealth is upon the transfer of an inheritance.
Tips for Business Owners Contracting Into, During, and Out of a Relationship Developing your business is a life long adventure. You consult with a professional team to support its growth, strengths, and overcome its weaknesses. Your spouse or partner may be working alongside you or managing the family giving you the space and time to
For more than two decades Lorisa Stein, an experienced family law lawyer practicing in Ontario, has listened to her clients express their needs and wishes as they journey through life. Embarking on a new relationship, taking their marriage vows of facing the sometimes challenging path of separation and divorce her clients have appreciated Lorisa’s direct
MAXIMS and MUSINGS WHICH MATTER: PART 1 Lorisa Stein is a senior Ontario family law lawyer who, after more than a decade in the courts, moved to a settlement-focused collaborative family law practice. Through this lens and her interests in sports, design, mentoring, and ethics, she has developed some favourite truisms for her clients. Some
A new client sought to explore the impact of a spouse’s decision to divorce after 28 years of marriage. They had married young with their large families enjoying the occasion with them. He had diligently saved gifts of money, annual bonuses, and tax refunds over the years to own a small house and summer cabin
Essential Notes to the Collaborative Approach for Resolving Family Differences What is it? For families, the collaborative approach is different. It’s a private and effective issue resolution process. It’s for those who want to help each other find the best solutions for their family problems. For the immediate concerns and for the long term. Couples
The very first consideration of separating and divorcing parents is about their children. Whether the children’s needs are discussed in front of the judge or perhaps with the assistance of a government agency such as the Office of the Children’s Lawyer the plan developed for each child’s care, moral training, education and other matters will
In Ontario if there is no domestic contract executed prior to or during the marriage, married spouses who face a breakdown in their relationship will divide the value of their respective family property according to the statutory scheme. An accounting by ownership and value of the property held by each spouse as at the date
