FIN 502 Lecture Notes - Lecture 10: Single Person, Life Insurance, Sports Equipment
10 Apr 2018
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Document Summary
Entire body of statues, regulations, and precedents govern relations between spouses: precedents- decisions reached in cases that went to trial and that are relevant to the parents, and children issue under consideration. Relevant statues divorce act, family law act, income tax acts, regulations attached. Difference between separation and divorce marriage dissolution. Important limitation concerns the welfare of minor children- has to meet. Act governs all divorces in canada- end marriage. Grants to the court the power to make orders on all subjects relating to include anyone other than spouses and dependent children government was within its powers to allow same-sex marriages. Family- grouping of people whose affairs are so closely related that they plan their personal financial affairs together. Married couples- 2 persons who completed a ceremony of marriage that is recognized. Spousal couple- 2 persons, same sex or opposite sex living in a conjugal relationship: single person, spousal couple regardless of sex or marital status.
