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It is increasingly common for couples to choose to live together without first getting married. This decision may be seen as an intermediary step in the relationship before marriage. Some might view t...
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Saying "I do" has an impact on almost every aspect of your life including your tax return. If you've recently tied the knot or plan to in the near future, here are the answers to common newlywed tax questions.
Did you recently marry or have a child? Did you go through a divorce or the death of a spouse? Family status changes like these directly affect your tax return. Start now and make sure you understand how you will be affected and what credits or deductions may now be accessible to you.
Marriage is on the decline in Canada and that cohabitation is on the rise. In 1961, less than 1 per cent of families lived in a cohabitation structure; now almost 20 per cent of families are spearheaded by common-law couples. Here are three things to consider before you shack up.
How do you enter into a common-law relationships in the first place and when do various rights vest? For those of you living with a partner or considering doing so (or if you have adult children considering same), I suggest that you grab a cup of coffee, sit down and read the following paragraphs a few of times over.
The question put to the Ontario Court of Appeal in Carrigan v. Carrigan Estate was whether a current common law spouse, or a separated but legally married spouse, should be entitled to receive a pension death benefit upon the passing of the member of a pension plan.
Increasingly, Canadians are finding happiness later in life with second spouses and second families. In these situations, professional advice may be desirable to balance the competing demands of providing for the first and second families in an estate plan. This has resulted in a host of creative solutions.
Many couples in B.C. who live together were likely shocked to find out they were essentially married Monday morning after the province's Family Law Act came into force. One person's new car becomes "f...
People are choosing to live together in common law relationships in ever greater numbers. Although these relationships very much resemble legal marriages in day-to-day life, the law does not treat them quite the same way. When one spouse dies, the surviving partner can be left in a vulnerable position if proper planning is not in place.
OTTAWA - The Supreme Court of Canada examined a landmark Quebec case on Wednesday that could affect spousal benefits for common-law couples in the province.The implications of the case are significant...