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Family Law News

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Thursday, 25 August 2011 20:15

Mentoring Helps Young and Old

“Mentors pass knowledge on to next generation” reads the headline of the Lawyer’s Weekly July 15, 2011 issue.  The article, written by Mathew Chung of the Lawyer’s Weekly, interviews several lawyer’s committed to mentoring, including David Barrister’s associate, Kathryn Hendrikx.  “I think the biggest concern from a practitioner’s perspective is time, that mentoring will take a lot of time out of your day, your week, your month.  I don’t think that is true.  It doesn’t…
This is part 3 in a series of 3 articles.  Click here for Part 1 and Part 2.Parts I & II discussed general amendments, reviewed how a pension will be valued, and settlement options. Part III highlights some areas that have not been dealt with under Bill 133. What the Regulations Leave OutHybrid Pension PlansSome pension plans, such as hybrid plans, are not covered under the draft Regulations as they do not easily fit into…
Friday, 15 July 2011 20:57

Income Tax Act & Family Law: Part III

This is part 3 in a series of 3 articles.  Click here for Part 1 and Part 2.Property Transfers Between SpousesParts I and II of these blogs dealt with support issues, but income tax issues also affect property transfers between spouses.  Often separated spouses will transfer property as part of a negotiated settlement or to satisfy an equalization payment.   This blog discusses two different tax consequences of transferring property. Rollover – spouses can transfer property without…
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