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Archive for July, 2005
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Friday, July 29th, 2005British Columbia Spousal Support and Maintenance Guidelines
Thursday, July 28th, 2005Spousal Support Guidelines have been created by two law professors at the request of the federal government. These guidelines have generated much controversy as reducing the determination of spousal support after separation to a "Robin Hood" mentality of taking from the supposedly wealthier spouse and giving to the supposedly poorer spouse.
BC DIVORCE AND BC FAMILY LAW RRSP’S, PENSIONS AND INSURANCE ALERT
Friday, July 1st, 2005Revoking Designated Beneficiaries: Better Safe than Sorry!
Once parties have completed a separation agreement or have finalized the division of property after a divorce or relationship breakdown, each may believe that they have sufficiently dealt with property matters and can move on with their lives having successfully disentangled themselves.
This may not always be the case. There may be other matters not specifically dealt with either by way of an agreement or court ordered division of assets, such as estate planning issues. Life insurance policies and Registered Retirement Savings Plan accounts are examples of the types of assets where spouses often designate each other as beneficiaries. Some designations may be irrevocable, while others are revocable.