Sentences with phrase «substantial family assets»

After determining that the wife was entitled to spousal support on the basis that she had contributed to the development of the substantial family assets, the Court returned its mind to the issue of matrimonial property and determined that section 9 (3)(a) and (j) of the Matrimonial Property Act granted Alberta courts the discretion to order periodic payments with respect to matrimonial property along the same lines as a maintenance support order.

Further, the wife was freed from her obligations under the agreement and was able to once again pursue a reapportionment of the very substantial family assets, something that she had given up under the agreed upon terms.

Not exact matches

You'd think that high - profile individuals with substantial and varied assets, often - complex family lives and a team of high - powered advisors at their disposal would have this locked down, more so than your average American.

While low take - up may have occurred when the total contribution limit was low, my assumption is that few high - savings families will leave substantial taxable assets outside the flexible TFSA when their available TFSA room grows into the 6 digits.

It is now very difficult for a family to have a substantial part of their assets to be held locally or exclusively in the banking sector.

Our investors include banks, hedge funds, family offices, and insurance companies with an appetite for current income that are making substantial allocations to this asset class.

Our investors include banks, hedge funds, family offices and insurance companies with an appetite for current income that are making substantial allocations to this emerging asset class.

Many successful people work a lifetime to accumulate substantial wealth, yet spend minimal time preparing their families to effectively manage this tremendous asset.

The term «single asset real estate» is defined as «a single property or project, other than residential real property with fewer than four residential units, which generates substantially all of the gross income of a debtor who is not a family farmer and on which no substantial business is being conducted by a debtor other than the business of operating the real property and activities incidental.»

While low take - up may have occurred when the total contribution limit was low, my assumption is that few high - savings families will leave substantial taxable assets outside the flexible TFSA when their available TFSA room grows into the 6 digits.

Most business are a principal asset in the family estate, and most are large enough to generate substantial federal estate taxes which is essentially a «death tax» that may be 45 % of the estate.

In New York, you can file under chapter 7 (also known as liquidation bankruptcy), chapter 9 (only for municipalities and governmental units), Chapter 12 (only for those who qualify as family farmers), chapter 13 (debt repayment chapter) and Chapter 11 (reorganization chapter available to businesses and individuals who have substantial assets or income).

Some investors get a little hysterical about nepotism, but I'm fairly relaxed myself... Management's an intangible asset after all — being raised at your father's knee, and discussing the family business (es) over dinner each evening, may confer a substantial intangible advantage another CEO candidate can't hope to match (even if they look much better on paper).

Acting for a shareholder and director of a substantial family hotel business (with assets of hundreds of millions of pounds) in relation to proposed unfair prejudice proceedings.

While the husband made the primarily monetary contributions to the family, the wife contributed to the accumulation of marital assets by agreeing to live below the couple's substantial means and by taking care of their son and home.

Consider that for most family business owners, the business is probably the most valuable, and the most illiquid asset in the marriage, meaning that it can not be easily sold or exchanged for cash without a substantial loss in value.

However, when the parties have substantial liquid marital assets, the family court has [in my limited experience] almost always allowed the primary wage earner access to at least 10 % of the liquid marital assets to fund the litigation.

If you come from a family with high income and substantial assets — then you can afford to take things to court or even afford a private arbitration.

She has tried dozens of cases in the Probate & Family Courts and resolved hundreds more short of trial, ranging from substantial asset divisions to contested parental rights and novel issues involving the property rights of non-married cohabitants and the rights of non-biological parents.

But if you have a high income or substantial assets you may not like the consequences of these BC divorce and family laws, and you may prefer to exercise control over the way your life would be affected by a breakup rather than leaving it in the hands of the government.

A substantial family trust on the negotiations with lenders, possible restructuring and protective strategies and standstill arrangements of a group of companies with assets in excess of # 3bn as well as advising on their potential sale.

This article shall explore income needs in cases involving substantial assets (known as big money cases) and will focus on the factors a court takes into account when considering needs and investigating the importance, for family practitioners, of constructing a carefully considered budget and the consequences of failing to do so.

This is often recommended for younger families with relatively modest assets but substantial life insurance policies.

Even a middle class Minnesota family may have built up substantial assets like a home, retirement fund, or college savings account.

If you have substantial assets, you may want to consider a trust or family limited partnership to protect assets from creditors and reduce or eliminate estate taxes.

Mediation can help in any premarital situation, from young Couples with few assets, to new step - families, to Couples with substantial assets (or potential assets).