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Difference between revisions of "Terminology"
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;family assets:Assets owned by either or both married spouses and subject to division between the two on the breakdown on their marriage. An asset owned solely by one spouse may be found to be a family asset if it is normally used for a family purpose. Family assets are presumed to be divided between the spouses on an equal basis under theFamily Relations Act. See “Business Assets,” “Gifts,” “Inheritances,” “‘Other’ Assets.” | ;family assets:Assets owned by either or both married spouses and subject to division between the two on the breakdown on their marriage. An asset owned solely by one spouse may be found to be a family asset if it is normally used for a family purpose. Family assets are presumed to be divided between the spouses on an equal basis under theFamily Relations Act. See “Business Assets,” “Gifts,” “Inheritances,” “‘Other’ Assets.” | ||
;Family Relations Act:A provincial law that deals with: the division of property between married spouses; custody, guardianship and access; child support and spousal support; and, personal and financial restraining orders. | ;Family Relations Act:A provincial law that deals with: the division of property between married spouses; custody, guardianship and access; child support and spousal support; and, personal and financial restraining orders. | ||
;final judgment:A decision which completely and finally determines some or all of the issues in a legal action, following which there is no other recourse open to a dissatisfied party except an appeal. See “Decision.” | |||
;finding:A conclusion made by a judge, determinative of a point of law or a disputed fact. | ;finding:A conclusion made by a judge, determinative of a point of law or a disputed fact. | ||
;finding of fact:A judge’s conclusion about the facts of a case, made after hearing all the evidence. See “Decision” and "Question of Fact." | ;finding of fact:A judge’s conclusion about the facts of a case, made after hearing all the evidence. See “Decision” and "Question of Fact." | ||
