Legal Insights
Explore thought-provoking articles from our lawyers to gain a deeper understanding of legal strategy and discover the tools you need to navigate today's legal landscape with confidence.
An Introduction to Wills & Estate Planning
The practice of wills and estate planning involves the strategic management of your assets and personal matters to ensure your wishes are honoured upon your passing. It is a proactive approach to safeguarding your legacy and providing for your loved ones. In Canada, the legal framework surrounding wills and estates varies by province, emphasising the importance of seeking expert guidance to navigate the complexities of the process.
An Introduction to Family Law
Family law in Canada deals with legal matters that affect relationships within a family unit. It covers a broad range of issues, including divorce, separation, child custody and support, spousal support, property division, and more. The primary focus of family law is to ensure the well-being and best interests of all family members involved, particularly children. Understanding the legal framework of family law is essential for resolving disputes and making decisions that uphold the values of fairness, equity, and the welfare of those affected….
Unlocking the Secrets of Real Estate
Real estate law in Canada is a complex and ever-evolving area of legal practice that governs transactions involving land, property, and the associated rights and obligations. It encompasses a wide range of legal issues, including the purchase, sale, lease, and development of both residential and commercial properties. Whether you are dealing with a condominium, a house, an office space, or a retail store, understanding the legal framework that underpins these transactions is crucial for a smooth and successful experience.
Key Legal Factors to Consider Before Investing in Real Estate
Before investing in real estate, it's essential to familiarise yourself with local regulations and zoning laws. Different municipalities and provinces may have specific rules governing property use, development, and rental regulations. Understanding these regulations will help you avoid costly violations and ensure compliance with local laws. Thorough due diligence is vital to minimise risks and protect your investment. Consider these key aspects: Title Search. Conduct a comprehensive title search to ensure the property has a clear title and is free from any liens, encumbrances, or legal disputes that could affect its value or your ownership rights. Property Inspection…
Understanding Child Support
What is child support? Child support involves regular payments from one spouse to the other, benefiting the child of the relationship. These payments are calculated based on federal or provincial Child Support Guidelines (CSG). The CSG provides tables outlining monthly amounts, determined by specific criteria. Typically, the monthly table amount covers day-to-day expenses such as food, clothing, and school supplies. It is based on the payor parent's gross annual income and the number of children. Exceptions to the table amount occur when the parenting schedule is "shared" or "split" between parents.
Division Of Assets And Real Estate After Separation
Achieving fair share: equalizing family assets: When a marriage comes to an end, the Family Law Act mandates a process called equalization of net family property. This process ensures that the overall value accumulated during the marriage is fairly distributed between both spouses. It recognizes the contributions made by each spouse to the marriage, irrespective of legal ownership. If one spouse has accumulated more net family property than the other, a payment known as an equalization payment is owed to achieve a balanced outcome. The first steps in dividing assets…
Understanding the Basics of Wills
Understanding the Basics of Wills: When to get a will? There are several circumstances throughout life that may trigger a need to change or update your will, such as: Age. Once you reach the legal age of majority in your province or territory (usually 18 or 19), you can legally create a will. Assets. You own assets such as property, investments, bank accounts, or personal belongings, having a will allows you to specify the distribution of these assets after your decease. Dependents. If you have dependents, such as children or others who rely on your financial support, a will enables you to name guardians for your minor children and provide for their well-being….
Understanding Spousal Support
In determining “entitlement” to spousal support, a number of factors are taken into account, including: the length of the relationship, the roles each spouse played during the relationship, dependent children, each spouse’s earning capability and each spouse’s needs and ability to pay. How is spousal support calculated? While there is no magic formula for calculating spousal support in Ontario, for most couples, spousal support is determined by the specific circumstances of their case. Generally, the courts will use the following criteria in making a determination on the issue of spousal support: 1. The length of the relationship will assist the court in determining both the amount and duration of spousal support…