For a family law lawyer to be able to provide comprehensive legal advice to a client about property division and support obligations, the disclosure from both spouses must be reliable and forthcoming. A good start to understand the scope of income includes complete copies of corporate, trust and personal income tax returns filed with the government during the last three years .
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Property Division and Fully Disclosure in Family Law Settlements
In the family law field, clients are asked and expected to produce documents demonstrating their income from all sources, property of all sorts and debts and liabilities. The probable value and currency, accuracy and completeness of the disclosure is paramount. Why? For a family law lawyer to be able to provide comprehensive legal advice to [ ]
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Unequal Property Division: a Backgrounder
The default position on the division of marital property is equally dividing the difference of each spouse’s net family property. In family law, here in Toronto, there is a specific formula to follow as to what property in included in the calculation, how value is calculated, how property ownership is determined and a slew of other matters. Above all, full financial disclosure is mandatory.
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Unequal Property Division: a Backgrounder
The default position on the division of marital property is equally dividing the difference of each spouse’s net family property. There is a specific formula to follow as to what property in included in the calculation, how value is calculated, how property ownership is determined and a slew of other matters. Above all, full financial [ ]
http://www.lorisastein.com/collaborative-approach-divorce-family-law/property-division-for-married-couples-divorce-family-law/unequal-property-division-a-backgrounder/#utm_source=rss&utm_medium=rss&utm_campaign=unequal-property-division-a-backgrounder