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When it comes to divorce or separation, understanding the timelines and processes involved in the division of assets is crucial. When filing claims for equalization in the midst of a separation divorce, the already stressful and emotionally charged situation can become incredibly complex, especially when hidden assets, matrimonial homes, and other complicated financial elements are factored into...

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In Ontario, the division of assets for married spouses is governed by the Family Law Act. The goal is to ensure a fair distribution of property acquired during the marriage. The process involves calculating each spouse's Net Family Property (NFP), which is the spouse with the higher NFP typically paying an equalization payment to the other spouse, ensuring both leave the marriage with an equitable...

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Finding yourself mixed up in financial fraud is anxiety-inducing. Most of the time, your money is already caught up in a mess, and in some cases, like with Ponzi schemes, others you know and care about could have been recruited too. Dealing with financial fraud can be incredibly complex. In Ontario, the laws involving various financial schemes can be complex and difficult to understand without the...

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At a high level, financial fraud happens when someone deprives you of access to your own money or capital. Financial fraud can also be when a person or entity intentionally deceives you or misleads you in a way that negatively affects your financial health. Today, fraud is more common than ever, as fraudsters have more ways to target people in Ontario. In 2023, the Royal Canadian Mounted Police...

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Types of Excluded Property in Divorce

Posted on 30 June 2024

When you’re getting a divorce, one of the biggest sources of contention is division of assets. During a challenging time emotionally and socially, dividing property and other financial assets can become more stressful when you have more complex assets that are not easily divided down the middle.  In Ontario, the rules surrounding the division of property are designed to ensure fairness and...

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A civil litigation lawyer can help you deal with a variety of legal issues, including personal injury, real estate, labour, employment and family issues. The majority of this role is centered around settling disputes and claims on behalf of clients. When you choose a civil lawyer, they will compile evidence and conduct research on your behalf, to help settle the claim in your favour. Settling...

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Understanding the difference will equip you with the knowledge and empower you to seek the appropriate action starting with a civil fraud lawyer in Toronto. At Karrass Law, our experienced civil lawyers in Toronto will help you understand the nuances of a particular scam or scheme you’ve been involved in by starting with a legal consultation.

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Mortgage fraud is a growing concern in Ontario, affecting both homeowners and financial institutions. It can have serious legal and financial consequences, making it crucial for individuals to recognize the warning signs. If you suspect mortgage fraud, consulting a civil fraud lawyer or a civil litigation lawyer in Toronto for legal advice is a vital step. Our skilled legal team at Karrass Law is...

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A trial is your opportunity to prove to a jury that you are not guilty of a criminal charge. In Ontario, most cases for a criminal offense end up in trial within 4 to 12 months if you and your criminal defence lawyer elect to go to trial. If you’ve been charged with a crime, it’s important that you go to court with a strong team, starting with the best criminal defence lawyer in Toronto.

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When you run a family business, it often requires all hands on deck, especially between two spouses, and accounts for your income as a unit. When you approach divorce, a family business will typically complicate the division of assets. To ensure accuracy in your asset division, book a legal consultation with a family lawyer at Karrass Law.

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