Divorce

How bankruptcy can affect spouses Fallback Image Decorative pattern

Industry

How bankruptcy can affect spouses

If someone owes money or taxes but declares bankruptcy, spouses can be targeted by creditors.

By Staff |February 9, 2016

2 min read

Valuing a business if a marriage breaks down Fallback Image Decorative pattern

Tax News

Valuing a business if a marriage breaks down

Don’t forget to factor in taxes

By Doug Carroll |December 11, 2015

4 min read

Remove barriers to divorce planning Fallback Image Decorative pattern

Industry

Remove barriers to divorce planning

Most newlyweds don’t realize that, in opting for a life together, they’ve also opted into an intricate legal and financial framework, which includes tax filing privileges, estate rollovers, spousal immunity and—if the marriage breaks down—a default property division regime. That regime, contrary to popular belief, is not “each spouse gets half.” Even in equalization provinces […]

By Melissa Shin |November 6, 2015

3 min read

Pros and cons of putting a building in a spouse’s name Fallback Image Decorative pattern

Tax News

Pros and cons of putting a building in a spouse’s name

Advisors may want to save tax by having their lower-income spouse own part or all of their buildings. But they should consider what will happen if the spouses separate.

By Melissa Shin |October 30, 2015

5 min read