The division of net family property is often a controversial aspect of a divorce. First, the parties must determine what constitutes family property, and then there must be a fair division of property, taking a number of factors into consideration. In circumstances involving significant wealth, international holdings or jointly-owned businesses, this can be a particularly… Continue reading Alberta Court Denies Father’s Request for Unequal Property Division
Category: Inheritance
Protecting Your Inheritance – What You Need to Know
When family units break down due to separation and divorce, one of the most fundamental aspects involved in finalizing a complete split is determining the proper division of property. The Matrimonial Property Act (“MPA”) applies only to married couples (although a Bill has been introduced by our Legislature that would amend the Matrimonial Property Act… Continue reading Protecting Your Inheritance – What You Need to Know