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Archive for category: Lawyer Coquitlam

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Child support in British Columbia: Funding a child’s free time

October 2, 2017/in Child Support, Family Law Attorney, Lawyer Coquitlam /by Laughlin Law

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On behalf of Laughlin & Company Lawyers, mediators posted Child Support on Monday, October 2, 2017.

Parents want to give their children what other kids have, and that could translate into going beyond their means to provide it. When a British Columbia couple separates and one partner is paying child support, he or she could find there is more to supporting kids than merely providing for the bare necessities. In fact, there is federal legislation in Canada that stipulates payments as they pertain to kids and “special and extraordinary expenses” highlighted in the Federal Child Support Guidelines.

The guidelines deem such expenses necessary because they are in the best interests of children and indicate that expenses should be reasonable according to the parents’ means and spending habits before the separation. Extraordinary expenses are more than can be reasonably handled regarding child support when looking at income. In this instance, courts usually split these types of expenses — little Johnny’s hockey enrollment, for instance — between the parents taking into consideration the income of both and how they spent their money for getting divorced or separated.

In most cases, these types of expenses will be in addition to regular child support payments. The court will look at these expenses bearing in mind what is in the best interests of the children. Courts tend to make objective decisions in these regards; however, some may be costly.

Child support issues in a divorce or separation situation are best ironed out with the help of a British Columbia lawyer seasoned in family law. When it comes to legislation regarding child support, a lawyer will be able to guide his or her client regarding any additions or changes to the law. He or she will also be able to answer any queries regarding legislative changes.

Source: Extraordinary child support expenses mean you could be paying for your children’s leisure time, “findlaw.ca,” Miriam Yosowich, Accessed on Sept. 30, 2017

Laughlin & Company Lawyers Mediators
2755 Lougheed Hwy #710, Port Coquitlam, BC V3B 5Y9
(604) 945-4370

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Division of property could be a kink in a retirement plan

September 25, 2017/in Division of Property, Family Law Attorney, Lawyer Coquitlam /by Laughlin Law

On behalf of Laughlin & Company Lawyers, mediators posted Division of Property on Monday, September 25, 2017.

Divorce can be a costly endeavor. When a divorcing British Columbia couple shares a lot of assets, splitting up could mean having to rethink any retirement plans that may have been in place for quite some time. That process typically includes the division of property, and some financial guidance may be prudent.

Most assets in a divorce situation in Canada are divided equally. But the way in which they can be separated can be done creatively. Divorce changes the spending forecast, and older couples may need to keep that in mind moving forward.

Planning will give each a picture of the financial future. Some questions that could be asked are: Will the house be sold? Are there any children who will need support? How long will each be working? How do they view spending retirement years?

Couples also need to figure out the process for dividing Registered Retirement Savings Plans as well. When figuring the approximate worth of an RRSP, each is given a notional tax, taking into account an estimate of the retirement tax bracket of the holder. Income from an RRSP will be taxed as money is withdrawn. An actuary may need to come up with those figures.

Each divorce is different, and so each financial plan for a divorce will be unique as well. There is not just one way to split assets. Division of property can be complicated. In addition to enlisting the aid of a financial planner, it may be wise to get the advice of an attorney in British Columbia who is experienced in family law. He or she will be able to answer any questions regarding the legalities of a divorce situation as it pertains to finances.

Source: cbc.ca, “Divorce: splitting your assets means rethinking retirement plan – CBC News,” Accessed on Sept. 23, 2017

Lawyers in Coquitlam

Laughlin & Company Lawyers Mediators
2755 Lougheed Hwy #710, Port Coquitlam, BC V3B 5Y9
(604) 945-4370
https://www.laughlinlaw.ca

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Canada Revenue Agency may require child custody proof in Canada

September 18, 2017/in Child Custody, Family Law Attorney, Lawyer Coquitlam /by Laughlin Law

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On behalf of Laughlin & Company Lawyers Mediators posted in Child Custody on Monday, September 18, 2017.

Single parents who have custody of their children may get some tax benefits from the federal government. But there are times British Columbia parents might have to prove to the Canada Revenue Agency that they’re the custodial parent. When people fill out their tax returns in Canada, the government assumes citizens have declared all their income, but the agency has ways of checking these things. The CRA matches income slips to returns using Social Insurance numbers, making sure citizens have claimed everything. Essentially, claimed expenses, when they come to child custody, must be able to be proved should the government ask for clarification.

Single moms and dads have found that if they claim an eligible dependent (AED) for one child, it may attract the CRA’s attention. The AED can save about $1,700 in taxes, with further savings in each province, so it is a large claim. The CRA is requesting custody proof for many of these claims.

As long as single, custodial parents can provide the right documents to the CRA, the review should go smoothly. Those queried have 30 days to prove custody. Proof may be in the form of a birth certificate and a letter from the school the child attends or from the family doctor. The right paperwork must be presented to prove eligibility for the AED tax credit and without it, the CRA will recalculate tax returns by assuming the claimant doesn’t qualify for the credit.

There are many questions regarding child custody issues that an experienced British Columbia lawyer may be able to answer. A family law lawyer may also be able to point his or her clients in the direction of others knowledgeable in the issues surrounding custody, like those familiar with tax issues such as accountants. The guidance of a lawyer may prove invaluable in these cases.

Family Lawyers in Coquitlam

Laughlin & Company Lawyers Mediators
2755 Lougheed Hwy #710, Port Coquitlam, BC V3B 5Y9
(604) 945-4370
www.laughlinlaw.ca/

Source: huffingtonpost.ca, “The CRA Might Ask You to Prove Custody of Your Kids“.

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Divorce mediation: Transforming parenting roles during divorce

September 4, 2017/in Divorce Mediation, Family Law Attorney, Lawyer Coquitlam /by Laughlin Law

A family enjoying time together before a divorce lawyer is involved

On behalf of Laughlin & Company Lawyers Mediators posted in Divorce Mediation on Monday, September 4, 2017.

Waving the white flag is the first order of business when it comes to making the best out of a less than stellar divorce situation. Divorce is usually not looked upon as a positive regarding any familial area. But by adopting a divorce model used in British Columbia divorce mediation, divorce couples can parent their children as separate individuals as well as they were able to as a couple.

No couple wants any animosity that may be between them to be transferred to their children. There are times when children — in as much pain about the divorce as they may be — may use the situation to their advantage, and this is where having a parenting plan or map comes in handy. A family mediator may be able to diffuse situations where a child or children are pitting one parent against the other.

Focusing on the children is of the utmost importance when working out parenting roles during and after divorce. Children often think that they are responsible for their parents splitting up and that they must fix things. Part of the role of family mediation is to help parents deal with these emotions in their children.

Children deal with divorce differently at different ages, according to experts in psychology. When parents realize that if they don’t work as a team when it comes to their kids, their kids will try to pit them against each other mainly for attention. How children act could also be a reactionary way of how each parent is coping with the separation.

These are the kind of issues that can be discussed with a British Columbia lawyer experienced in family law and divorce mediation issues. A caring and concerned lawyer would be able to help divorcing parents and their children to get the help necessary to help through an emotional time. As well, a lawyer will make sure all the legalities of the divorce have been addressed, and that’s what lawyers do.

Coquitlam Lawyers

Laughlin & Company Lawyers Mediators
2755 Lougheed Hwy #710, Port Coquitlam, BC V3B 5Y9
(604) 945-4370

Source: mediate.com, “A Transformative Parenting Mediation Model,” Wayne Plenert, Accessed on Sept. 1, 2017

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The family court can address child support evasion

December 21, 2016/in Child Support, Lawyer Coquitlam /by Laughlin Law

On behalf of Laughlin & Company Lawyers Mediators posted in Child Support on Wednesday, December 21, 2016.

Many British Columbia parents remain committed to the best interests of their children. However, in some cases, a divorced parent may hold back on paying child support to punish a former spouse. Sadly, the children may be the ones who are impacted. Fortunately, the custodial parent can resort to the court if timely payments are not made.

Parents who want to avoid paying child support can be resourceful. The family court requires a non-custodial parent to provide a financial statement upon which the child support order is based. Some parents will do what they can to lower the amount of income recorded. Some quit their jobs or go back to school to avoid pay cheques of which a portion may have to be paid to the custodial parents.

A common tactic is to work for an employer who will pay unrecorded cash or other types of remuneration. However, the custodial parent may be able to expose such behaviour. The deceiving parent’s standard of living will likely be an indication of unreported income. The custodial parent may be able to use advertisements offering employment to show that jobs are available for non-custodial parents who claim to be unemployed.

Trying to gather evidence of a former spouse’s real income may be challenging for a custodial parent who may have to work long hours or multiple jobs to earn enough to take proper care of the children. Help and support are available from an experienced family law lawyer who can assess the struggling parent’s circumstances and help find evidence to prove to the court that the other parent is concealing income. The British Columbia family court may determine an imputed income on which it will base a court order for child support — regardless of the income shown on the financial statement.

Source: lukesplace.ca, “What the court do when a father evades child support?“, Accessed on Dec. 17, 2016

Coquitlam, British Columbia Lawyer

Laughlin & Company Lawyers Mediators
2755 Lougheed Hwy #710, Port Coquitlam, BC V3B 5Y9
(604) 945-4370
https://www.laughlinlaw.ca

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High-asset divorce: Hidden assets can be discovered

December 5, 2016/in High-Asset Divorce, Lawyer Coquitlam /by Laughlin Law

On behalf of Laughlin & Company Lawyers Mediators posted in High-Asset Divorce on Monday, December 5, 2016.

During the process of divorce in British Columbia, each spouse must provide full disclosure of all his or her assets. Sometimes, one spouse may try to slant the property division for his or her personal benefit by hiding assets. Although this is not a phenomenon limited to a high-asset divorce, the many levels of investments held by affluent couples may make it easier to leave some assets undisclosed.

With the appropriate legal assistance, a British Columbia spouse can ensure his or her spouse does not hide any assets. The spouse who handled the family finances and taxes may have an advantage when it comes to identifying assets for property division. Both spouses are expected to provide asset declarations voluntarily, but it is advisable to study such a document carefully. If any omissions of errors are present, the suspecting spouse can demand copies of financial records for which court-issued subpoenas may be required.

A spouse also has the right to serve an ex with interrogatories — written questions that require truthful answers — within a specified time. He or she may personally inspect assets or use the services of professional appraisers if values of assets are disputed. In addition to being required to answer questions in writing, an ex can be compelled to give sworn testimony. Called a deposition, this testimony is typically admissible in court.

If a spouse suspects an ex of hiding assets, the most appropriate step may be to consult with an experienced divorce lawyer. The attorney will know which discovery tools are appropriate for achieving a fair outcome. With a seasoned lawyer’s guidance, a divorcing spouse may receive a fair share of property — regardless of whether it is a high-asset divorce or not.

Source: FindLaw, “Legal How-To: Finding Assets in a Divorce Case“, Daniel Taylor, Accessed on Dec. 2, 2016

Lawyer in Coquitlam, British Columbia

Laughlin & Company Lawyers Mediators
2755 Lougheed Hwy #710, Port Coquitlam, BC V3B 5Y9
(604) 945-4370

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Protect combined funds during the division of property

November 20, 2016/in Division of Property, Lawyer Coquitlam /by Laughlin Law

On behalf of Laughlin & Company Lawyers Mediators posted in Division of Property on Sunday, November 20, 2016.

When British Columbia couples get married, many changes take place in the lives of both parties. Along with having to get used to each other’s habits and ways of life, the unique financial profiles of two entirely different people are combined — often with the little prior discussion. Finances are blamed for many arguments in marriages, and if these issues are left unaddressed, it may even lead to divorce. What makes decisions about combining funds difficult is the fact that couples who are very much in love must also consider the possibility of divorce and division of property in those proceedings.

Although the dynamics of each couple are unique, a professional financial advisor says that allowing each spouse to maintain some economic freedom may avoid serious arguments. Some prefer to have their separate accounts with an arranged list of financial obligations for each spouse. Others find that a “yours, mine and ours” system works best for them. This allows each partner a personal account and some independence while they pay household expenses from a joint account.

Another option that works for some is for each spouse to be allotted a weekly or monthly amount of money — similar to an allowance — to do with as they please. Spouses can use this to treat themselves or to treat each other with a special gift or surprises. In cases in which one spouse tends to be a spender, this may be an effective way to control such habits without making it feel like punishment.

While each couple can work out a financial strategy that works for them, it may be wise to record the arrangement in a prenuptial agreement. This may avoid contention during the division of property in the event of a divorce. The assistance and experience of a British Columbia divorce lawyer to provide advice can prove to be invaluable.

Source: businessinsider.com, “Here’s how to combine your money when you get married, according to a financial planner“, Tanza Loudenback, Accessed on Nov. 18, 2016

Lawyer Coquitlam, British Columbia

Laughlin & Company Lawyers Mediators
2755 Lougheed Hwy #710, Port Coquitlam, BC V3B 5Y9
(604) 945-4370

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How is division of property handled in common-law break-ups?

November 2, 2016/in Division of Property, Lawyer Coquitlam /by Laughlin Law

On behalf of Laughlin & Company Lawyers Mediators posted in Division of Property on Wednesday, November 2, 2016.

Residents of British Columbia who have been in common-law relationships for two years are regarded by law as the same as married couples. However, they may not be aware that it is not the case in other provinces. In fact, the laws related to cohabitating couples vary from province to province. In the case of such a relationship ending in British Columbia, the division of property will be handled according to the same laws as those covering a divorce.

In a common-law break-up in this province, assets acquired during the period of cohabitation will be divided equitably between the two parties. Assets owned by one party before the couple moved in together will remain that person’s property — unless the value of that asset was increased during the common-law relationship, in which case the growth amount will be divided. How will the property be divided if a couple who has lived together under British Columbia laws relocates to another province and then the partners decide to go their separate ways?

Even if domestic partners meet the requirements of their province to be recognized as common-law partners, this will have no impact on the division of property in the event of a break-up. In any other province, a partner must prove ownership of any assets he or she claims after the end of a relationship. This is required except when the couple signed a legal cohabitation or other agreement, which will determine how the property will be divided.

Common-law partners in British Columbia may benefit from each consulting with an experienced divorce lawyer who can explain the applicable laws and assist with the drafting of a cohabitation agreement, if necessary. This will provide protection of each party’s interests during the division of property in the event of a break-up. The court typically requires such an agreement to comply with applicable laws, and the legal counsel of each party must have been present during signing to prove neither party signed the agreement under duress.

Source: CBC News, “4 myths about common-law relationships“, Alexandra Kazia, Accessed on Oct. 29, 2016

Law Firms Coquitlam

Laughlin & Company Lawyers Mediators
2755 Lougheed Hwy #710, Port Coquitlam, BC V3B 5Y9
(604) 945-4370
https://www.laughlinlaw.ca/

https://laughlinlaw.ca/wp-content/uploads/2017/10/logo.jpg 0 0 Laughlin Law https://laughlinlaw.ca/wp-content/uploads/2017/10/logo.jpg Laughlin Law2016-11-02 18:09:362018-02-01 19:28:46How is division of property handled in common-law break-ups?

Property division in British Columbia must follow certain rules

October 28, 2016/in High-Asset Divorce, Lawyer Coquitlam /by Laughlin Law

On behalf of Laughlin & Company Lawyers Mediators posted in High-Asset Divorce on Friday, October 28, 2016.

Divorcing your spouse means that you will have to divide your property based on the laws that pertain to your case. Some property, such as the marital home, are always divided. Other property, such as certain inheritances, aren’t subject to the property division property.

In British Columbia, the property division process sets some specific property as separate property that doesn’t have to be divided. This includes money that is received or is payable through an insurance policy, a settlement or award that is compensation for an injury, inheritances to one spouse, a property that was owned before the relationship began and property that is in a discretionary trust for one spouse.

It is also possible that gifts would be considered separate property if those gifts were specifically given to one spouse. In many cases, how the property is handled once it is given to a spouse matters. If the property is held with marital property or if it is cared for by marital funds, it might be considered marital property during the property division process.

No matter how property is obtained or when it is obtained, the presence of a valid marriage contract means that the property would be divided how the contract notes it should be divided.

As you can imagine, the dividing property can be complex in some cases. If you and your spouse have considerable assets, this might be the case. It is crucial that you have a complete understanding of how different assets and liabilities should be handled in your case so that you can know what decisions you need to make.

Source: FindLaw Canada, “Gifts, inheritances and other excluded properties,” Miriam Yosowich, accessed Oct. 28, 2016

Law Firm Coquitlam

Laughlin & Company Lawyers Mediators
2755 Lougheed Hwy #710, Port Coquitlam, BC V3B 5Y9
(604) 945-4370
www.laughlinlaw.ca

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Divorce mediation can be a good process

October 21, 2016/in Divorce Mediation, Lawyer Coquitlam /by Laughlin Law

On behalf of Laughlin & Company Lawyers Mediators posted in Divorce Mediation on Friday, October 21, 2016.

We recently discussed how important it is for people who are going through a mediated divorce to go into the process prepared. You can do this by thinking about what points of the settlement you can negotiate on as well as the points that you need to hold firm on. We can help you evaluate your assets and other points to determine a course of action.

While you are going through divorce mediation, the property division process isn’t the only one that you have to think about. You also have to consider matters such as spousal support and child custody. These matters can often be even more stressful than trying to divide property.

We know that you might have some questions about the decisions you will need to make during the divorce process. We can help you understand what Canadian law, as well as provincial law, says about the matters pertaining to your divorce.

As you go through the mediation process, you have to be willing to keep an open mind. There is a chance that you will be presented with an option for settling matters that you didn’t think about. By keeping an open mind, you might be able to settle things in a way that works for you but is slightly different from what you were thinking about.

We know that all of this is a lot to think about. At Laughlin & Company, we can help you sort through things in a manner that helps you to fully understand what options you have that are viable in your case.

Law Firms in Coquitlam

Laughlin & Company Lawyers Mediators
2755 Lougheed Hwy #710, Port Coquitlam, BC V3B 5Y9
(604) 945-4370

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https://www.laughlinlaw.ca/

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