More Tips for Business Owners Contracting Into, During and Out of a Relationship

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.

Retroactive Spousal Support: Lost Opportunity? Or Maybe Not

Canada’s Divorce Act provides for retroactive spousal support with direction as to calculating duration and quantum of support from the Spousal Support Advisory Guidelines . When spouses, common law or married, separate it commonly provokes a financial or economic crisis. Combined incomes paying for household, family, and personal expenses are now stretched to providing for

Family Business Valuations and Marriage Contracts

A business owner was discussing seeking legal advice with Sandra, his high school sweetheart, about the impact his flourishing import/export corporation may face once they married. Jacques and his business partner, Sam, started seven years ago what is today a successful international company. There are four divisions employing 38 people; each with a family of

Customizing a Private Approach or Going Public

One of my best friends, Jim, is facing what he sees a tough road ahead. It’s not that he and his wife are separating; it’s the unwelcome help he’s receiving from his gym mates. One soccer buddy boasts that Jim must lead the troops and show the rest of the guys what we’re made of.

Betrayal or Good Economic Sense?

For senior adults stepping into their second marriages, the tough conversation is often about the marriage contract. Not so long ago, this discussion would have been a nonstarter and certainly a deal breaker. Feeling personal betrayal during this honeymoon phase, a tough discussion about money seems to come from nowhere.  The spouse being asked to