Family Law Act Basics: Difference between revisions
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→Children’s Property
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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 | ===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. |