Difference between revisions of "Family Law Act Basics"

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Remember that the court can also divide excluded property between spouses if it can’t divide property outside of British Columbia.
Remember that the court can also divide excluded property between spouses if it can’t divide property outside of British Columbia.
===Children’s Property===
===Children’s property===


Children sometimes get large amounts of money or property from inheritances, insurance policies or court awards. Under the ''[[Family Law Act]]'', a child’s guardians are not automatically the trustees of the child’s property, except for property below a certain value or of a certain type that <span class="noglossary">will</span> be decided by regulation.
Children sometimes get large amounts of money or property from inheritances, insurance policies or court awards. Under the ''[[Family Law Act]]'', a child’s guardians are not automatically the trustees of the child’s property, except for property below a certain value or of a certain type that <span class="noglossary">will</span> be decided by regulation.