Posts tagged "Family Property Act"

New legislation guiding common-law property division.

Along with the New Year come some significant changes to the laws directing how people in common-law partnerships (also known as Adult Interdependent partners in Alberta) divide their property upon the breakdown of their relationship. Right now, the law around common-law property division is underdeveloped and often confusing and relies on an old legal theory called unjust enrichment. This places unmarried couples at a disadvantage to married couples when it comes to knowing your rights and entitlements to share in property, including the family home, cars, RRSPs, pensions and so forth.