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Did you know that there are several forms of business in Canada? One of the most popular is the legal person, or incorporated company, often identified by the abbreviation "inc". But is this the right structure for your traditional or online business? What are the advantages and disadvantages? What are the steps to follow to incorporate? Here are some important things to know. What is incorporation? "Incorporating is the process of creating your "company". Your business becomes a legal person with rights and obligations, much like a corporation.

The divorce reform, initiated in 2017 for amicable procedures, will continue in 2021 for contentious divorces. Here is an update and advice on how to anticipate these situations of voluntary separation. Pragmatism and simplification, the legislator is in tune with couples in the process of separation. The law has in fact fully enshrined the right to separation by making divorce contractual. This diversification of divorce allows the courts to be uncluttered and to speed up the implementation of the separation, at a time when couples are being formed and dissolved much more quickly than 40 years ago. A true barometer of...

Divorce is never easy. However, it can be less painful if the spouses agree on how to end their marriage. This article discusses different ways of getting an amicable divorce. Joint divorce Joint divorce is a divorce between two people. The spouses file for divorce together with the same paperwork. They are therefore co-petitioners for the divorce. The conditions for a joint divorce are as follows: The spouses must agree on all the consequences of their divorce, child custody, child support, spousal support, division of the value of property, etc. It must not be possible to...

The options Bankruptcy Bankruptcy is a legal procedure designed to relieve the debt burden of honest but unfortunate debtors. Eventually, the bankrupt is released from the obligation to repay the debts he or she had at the time of bankruptcy - with some exceptions. Proposal A proposal is a procedure whereby the debtor offers to pay his creditors a percentage of his debt over a specified period of time, to reschedule the repayment of his debt over a longer period of time, or a combination of the two options. Creditors must vote to accept or reject the proposal....

Why make a will? Making a will allows you to plan ahead for many decisions that will need to be made after your death. For example: Who will be your heirs? How will your property be distributed among your heirs? Who will be the executor? Who will take care of your children? Without a will, the rules set out in the law will apply. For example, according to the law: Your ex-spouse from whom you are not divorced remains an heir and will be entitled to a portion of your property. However, your common-law spouse will not be considered an heir and will not be entitled to any of your property.