Separation and divorce are terms that are often used interchangeably. However they refer to different things. Divorce ends the legal relationship of marriage. Separation describes the breakdown of any relationship, whether the parties were married or in a common law...
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Corporation Basics: What is a Corporation?
A corporation is a way of owning a business where the business is a separate and distinct legal entity from the owner. This legal distinction between business and owner creates several opportunities for both tax planning and creditor proofing. In Alberta, the Business...
What is a Professional Corporation?
Certain professionals including, lawyers, doctors, dentists, accountants and chiropractors, are not allowed to operate their practice through a corporation. This is because they are personal liable for professional negligence claims. The limited liability feature of...
Why do I need a Power of Attorney?
In an Enduring Power of Attorney you appoint a person called an Attorney to handle your financial matters if you are mentally or physically incapable of doing so yourself. The term Attorney does not mean the person you choose has to be a lawyer. It is just a...
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Child Support Basics
What is Child Support? Parents are required to financially support their children. The amount of support that is payable is determined by the number...
When do I need to probate an estate?
The term "probate" is a scary term in estate planning and administration. What is Probate? Probate is when a will is submitted to the courts, along...