Many people wonder how they divide up their Canada Pension Plan Credits after separation or divorce.
If you were the lower income earning spouse, it may be beneficial for you to apply for this division. If you were married, there is no time limit for applying unless your spouse dies, in which case, you must apply within 36 months of their death. If you were common law, you must apply within 48 months from your date of separation.
In some provinces (Saskatchewan, British Columba, Alberta, and Quebec), you can waive the division of CPP credits, but not in Nova Scotia.
The recent issues surrounding QuadrigaCX and the death of the company’s CEO, Gerald Cotten, is an important reminder that you should ensure your digital assets are included as part of your estate planning.
I’m sure I was not the only one who spent a few minutes this weekend listening to the radio documentary “The Mamas and the Papas: How two Ottawa couples became co-parents ” on the CBC’s The Sunday Edition or reading the accompanying article online.
The Supreme Court of Canada has declared that a Mandatory Victim Surcharge is unconstitutional in that it imposes cruel and unusual punishment on poor defendants, contrary to the protections provided by the Charter of Rights and Freedoms.
When purchasing a new home, it is important to note that some lots have restrictive covenants that apply to them. Restrictive covenants are rules that govern the use of the lot and other lots in the subdivision.