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This is part 2 in a series of 3 articles.  Click here for Part 1 and Part 3.Part I discussed the very general amendments. Below the changes to how a pension will be valued, as well as settlement options, is reviewed:Valuation and Settlement of Pensions in Greater DetailValuationA statement of imputed value is required for an application for a division of the pension. The statement of imputed value shall be given to both spouses not later…
Laurie Pawlitza, Treasurer of the Law Society of Upper Canada received the 2011 WLAO President’s Award on June 7, 2011.  The Award recognizes a woman who has made a substantial contribution to the legal community as an academic, adjudicator, litigator, solicitor, author, or related profession. Laurie embodies the ideals of the Women's Law Association being engaged, aware and connected to issues, substantive and personal, facing women in the legal profession today.  The event was attended…
Friday, 03 June 2011 19:50

Income Tax Act & Family Law: Part I

This is part 1 in a series of 3 articles.  Click here for Part 2 and Part 3.What does the Income Tax Act, R.S.C., 1985, c. 1 (5th Supp.) have to do with family law?  A lot.  In this series of blogs, some of the overlap between tax law and family law will be explored.  Some of the areas are more widely known, whereas others are lessor known, intricate areas.  Spousal Support: It’s always Tax Deductible…
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