Timothy Gronfors. Associate, Family Law.
As a playful means for highlighting millennials’ preference for spending on luxuries rather
than saving for essentials, a recent BBC article has developed the satirical ‘avocado toast index’.
Using statistics from across the globe, the index calculates how many years it will take to afford a down-payment on a
Barrie Hayes, Partner, Family Law
The Family Law Act provides a statutory framework for the equalization of family property upon separation. The framework essentially exits out from the equalization the value of property the spouses owned on the date of marriage, and any property the spouses received from third parties; inheritances, life insurance policies
Catherine Hyde, Paralegal
In recent years there has been an increase in separation of couples in the 55+ category. It seems once the children have left and you start to notice an increase in the people you know in the obituaries, you ask yourself- is this all there is? Thoughts of separation seep in. Before
Barrie Hayes, Partner
In many marriages the matrimonial home is the most significant family asset owned by the spouses. The Family Law Act (“FLA”), in dealing with equalization of net family property on separation, provides special treatment of the matrimonial home.
Whereas generally a spouse may deduct from his or her net family property
Catherine Hyde, Family Law Clerk
I have recently been involved with a number of cases dealing with “Excluded Property” in order to determine whether certain items of property can be excluded from the “net family property” calculation. To determine this one first needs to look at the Family Law Act
Section 4(2) of the Family
A recent Court of Appeal decision has caused considerable concern in relation to the certainty of the statutory provisions being applied to determine net family property equalization between legal married spouses.
Sections 4 and 5 of the Family Law Act have, to date, been viewed as all encompassing statutory direction in the division of net