June 27, 2018
Welcome news for Albertans with loved ones who have a disability and are on AISH (Assured Income for the Severely Handicapped). The Alberta Government passed new legislation on June 11, 2018, An Act to strengthen Financial Security for Persons with Disabilities. The new law gives Albertans a better way to plan for the transferring of wealth to a loved one on AISH without the risk of having AISH... read more
June 15, 2018
In this article, Matthew Burgoyne, head of the Fintech group of McLeod Law, decodes new Canadian Securities Administrators guidance and the implications on token offerings. On June 11, 2018, the Canadian Securities Administrators (the “CSA”) released a new Staff Notice1 on the securities law implications for token offerings (the “Notice”). The Notice was published by the CSA partly as a result... read more
May 01, 2018
In an article published by CoinDesk, Matthew Burgoyne and Ryan Franzen of our Fintech group share their perspective on how Initial Coin Offering (“ICO”) promoters can expect Canada to be as tough as the U.S.. They reference recent court decisions and explain: “The fact is, existing Canadian securities laws would probably already categorize most ICO tokens and coins as investment contracts, no... read more
May 01, 2018
By Layne Thiessen and Aaron Bickman
A common misconception among parties involved in estate litigation in Alberta is that the estate is required to pay their legal fees. Accordingly, individuals challenging a will or arguing over its provisions may be in for an unpleasant surprise when the bill comes due. The Old Rule (the “Old Rule”): Part of the misunderstanding likely stems from the fact that, in Alberta, up until recently,... read more
April 18, 2018
By Shane King, Vik Mall and Randy Mitchell
Individuals sometimes attempt to challenge contracts and gifts on the basis that an elderly person lacked capacity to understand actions, or was vulnerable to influence from another party. Such challenges sometimes occur years after the granting of the gift or signing of the contract, and when the elderly person’s mental condition has severely declined or they have since passed away. To fill this... read more
April 11, 2018
By David Cumming
As our population in Alberta grows, our cities change. There comes a point where cities stop growing out and start growing up. Dense urban centres are commonly associated with neighbourhoods that support a variety of uses and urban planners will generally say that this is a good thing. Having neighbourhoods with access to several services with a variety of different sorts of residences and... read more
March 26, 2018
Separating from a partner can be a difficult and stressful time for you and your family. In fact, a divorce can be a terrible time filled with emotion and uncertainty. There are the obvious concerns with how you will raise your children and how separation will affect your financial security for the future. A separation can be an amicable and cooperative process whereby you can use mediation... read more
March 19, 2018
Following your separation, the costs of university for your child or children are considered extra Section 7 expenses. This means both parents must contribute to the post-secondary education costs for their kids following separation, under the Federal Child Support Guidelines. Generally, both parents pay the Section 7 expenses of university or other post-secondary education proportionately based... read more
March 12, 2018
In a separation any Registered Education Savings Plans (RESPs) saved during the marriage for a child or children’s university education, are part of the matrimonial property in Alberta and are to be taken into account and addressed in your Separation Agreement. The RESPs acquired during the marriage are for the benefit of the kids and many couples continue contributing to the RESP Plans after... read more
March 07, 2018
By Asher Macdonald
Division of matrimonial property is a major issue for divorcing couples. Each party may have questions about what property qualifies as a divisible asset, what property is exempt from division (which I previously wrote about here) and how to value the assets, and when. In this day and age, these questions can be more complex than you might expect; specifically, I’m talking about cryptocurrency.... read more