Many aspects of family law have income tax consequences that counsel needs to consider in advising their clients. Complex files may require the involvement of tax lawyers and accountants; however other financial experts involved in these matters, including CBVs, may be asked for their advice on various income tax issues in less complicated matters. As a result, knowledge of where tax implications can arise is an important skill to these practitioners. This session will identify the areas that practitioners should be aware of including pre-nuptial agreements, marriage contracts, separation agreements, property division, child and spousal support and Guideline Income, and as time allows, expand on the most common issues that practitioners may see.
Sharon Griffin – Sharon L Griffin Professional Corporation, Contractor to MNP LLP, Calgary
Sherry Kachur, Partner – Widdowson Kachur Ostwald Menzies LLP, Calgary