Michelle and Juline are a common-law couple who have been together for 4 years. They are raising Michelle's 7-year-old s
Posted: Fri Mar 04, 2022 9:41 am
Michelle and Juline are a common-law couple who have been
together for 4 years. They are raising Michelle's 7-year-old son
Jake which she had from her previous marriage to Mike. Mike and
Michelle divorced 5 years ago, and Michelle has sole custody of
Jake.
Juline is a successful dentist and owns a large home in Toronto, so
when they decided to move in together, Michelle gave up her
apartment and moved into Juline's house. They also decided that
Michelle would give up her role as a retail store manager to stay
home and home school Jake. Juline, your client, is in your office
for her annual review.
If Juline and Michelle decided to separate, which of the following
would not be included as community property?
a.
Canada Pension Plan credits
b.
Both Juline's RRSP and her Canada Pension Plan credits
c.
Matrimonial home
d.
Juline's RRSP
together for 4 years. They are raising Michelle's 7-year-old son
Jake which she had from her previous marriage to Mike. Mike and
Michelle divorced 5 years ago, and Michelle has sole custody of
Jake.
Juline is a successful dentist and owns a large home in Toronto, so
when they decided to move in together, Michelle gave up her
apartment and moved into Juline's house. They also decided that
Michelle would give up her role as a retail store manager to stay
home and home school Jake. Juline, your client, is in your office
for her annual review.
If Juline and Michelle decided to separate, which of the following
would not be included as community property?
a.
Canada Pension Plan credits
b.
Both Juline's RRSP and her Canada Pension Plan credits
c.
Matrimonial home
d.
Juline's RRSP