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As Canadians seek financial opportunities, scams like pyramid schemes or Ponzi schemes can appear deceptively attractive, particularly during economic hardship. Low-barrier investment opportunities may seem like a light at the end of the tunnel, even when warning signs are present. Unfortunately, if the investment turns out to be fraudulent, the consequences can be severe.

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If you and your spouse have a family business and are going through a divorce, you may find yourself overwhelmed with challenges when valuing the business. Because businesses often represent significant financial and emotional investments, businesses owned by one spouse or shared in any capacity among both parties can lead to a complex division of assets, requiring the guidance and legal...

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Contracts are integral to personal and business transactions. They are designed to provide a framework of shared obligations between two or more parties. Whether it’s a service agreement, real estate deal, or employment contract, the breach of these agreements can lead to significant legal consequences.

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When the higher value party is determined via the Net Family Property calculation, they will often be required to pay the difference in value to the other spouse, evenly dividing the value gained through the course of the marriage. The amount that must be paid is known as the "equalization payment." The rationale behind this is to ensure that both parties share in the financial gains made during...

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Whether you are dealing with a contractual issue, property issue or personal injury related issue, you need to be well-versed in your own case in order for your lawyer to provide strong, informed legal advice. Having a strong understanding of the issue at hand, hiring expert counsel, preparing any relevant documentation and developing a clear narrative can go a long way in fostering a robust first...

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How Debts Are Split in a Divorce

Posted on 28 August 2024

When you are splitting up with a spouse, much of the conversation around the divorce is centred around how financial assets are split. Marital properties, income, investments, businesses and more all need to be divided fairly in alignment with Ontario law. Another factor that should be considered in regard to the complex division of assets is debts.

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When disputes go to civil court, the last thing anyone wants is a hostile, long, drawn-out court battle. Unfortunately, conflicts are often inevitable in life, and civil litigation and suits offer a reliable and effective option for those seeking damages and justice for matters like contract breaches, family disputes, and more. Those seeking a less adversarial, more efficient, or more...

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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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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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