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COLLABORATIVE FAMILY LAW Part 2 – The Process

This article is the second in our mini-series of publications dealing with Collaborative Family Law. The previous one was an introduction where we described the concept of this practice as well as its benefits as compared to the traditional approach. This chapter will describe the process in more detail so that its benefits can be…

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Collaborative Family Law

Part 1 – Introduction This is the first in a series of articles that will address the topic of Collaborative Family Law. We will be discussing the concept, the process and the cost in the series’ three parts, respectively. Let’s begin. What is the Collaborative Law Process? Collaborative family law is a new approach that…

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Get Your Money Back – Small Claims Court

In this article MLK Law professionals discuss when you may need to resort to Small Claims, what lies ahead, and what expenses it may bring. Small Claims Court is a branch of Superior Court of Justices in Ontario, which deals with civil disputes of up to $25 000, excluding interest and fees. It offers simplified…

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What You Should Know about Spousal Trust!

There are many ways in which one can protect their family’s future and well-being. Today, MLK Law experts will guide you through the benefits of having a Spousal Trust. Testamentary Trust Testamentary trust, also known as will trust, is a trust which arises upon the death of an individual, under the terms of the deceased’s…

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Buy From a Builder – Get HST Back

Are you a lucky owner of a new house or condo? Congratulations! You did it! But did you know that you may be eligible to apply for GST/HST rebate program introduced by CRA and receive your tax money back? Here is an article provided by MLK Law that highlights everything you need to know about…

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Contesting the Will

Testamentary freedom or the right to dispose of your property as you see fit is strongly enshrined in Canadian law. Nevertheless, the Will can be contested by deprived ones. Contesting a Will means applying to the court to have the Will deemed invalid. Because the owner of the Will is deceased, contesting of the Will…

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Pros and Cons of Adding a Child to a Property Title

Buying a property can be compared to a chess game. When you are signing your ownership documents, you need to think seven steps ahead of you – property taxes, mortgages, lending possibilities, proper documentation, legal situation, possible risk and losses, and property sale. As my practice shows, people are constantly wondering if adding a child…

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Hidden Hazards of Buying/Selling a Business

Agreement of Purchase and Sale for a business is a contract between Vendor and Purchaser that contains a description of property that is being sold/purchased, costs and other details of closed deal. In most scenarios an accountant or business evaluator is required to do value of the deal, in order to provide information about profit…

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What is Status Certificate?

Status certificate is a descriptive document of the most essential information about financial status of the unit and condominium corporation issued to a buyer upon property purchase within 10 days of the request. Generally, Status Certificate requires a $100 fee (as of Condominium Act) and is paid to the management company of the building, if…

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