Holiday Hours: Our offices will be closed for the holidays from December 26-30, 2022 and January 2, 2023.

ALERT:  New trust reporting requirements are in effect for the 2023 tax year. Changes include new filing requirements for bare trusts. The filing deadline is April 2, 2023 and failure to file may attract significant penalties. Learn more in our post: New Trust Reporting Requirements – Bare Trusts Are Caught

 

When family law issues arise, we understand that you want the best legal advice possible. Relationship breakdown is inherently difficult. At Ramsay Lampman Rhodes, our goal is to assist our clients in navigating a separation or divorce using a non-adversarial approach whenever possible. Our family law lawyers assist clients in negotiation, mediation and settlement discussions. However, when a collaborative approach is not effective, we provide our family law clients with experienced representation in the Supreme and Provincial Courts of British Columbia.

We have family law lawyers to assist you in each of our Nanaimo, Courtenay, and Port Alberni offices, providing convenient legal advice and representation to clients throughout the mid island, the Comox Valley, the Alberni Valley and throughout British Columbia.

We guide our family law clients through the difficult process of separation with a solution-oriented approach. Our separation and divorce lawyers can help you work toward a comprehensive separation agreement which addresses parenting arrangements, child support, spousal support, and property and debt division.

The complex financial implications of a separation or divorce may include pension division, corporate assets, and tax considerations. Our divorce and separation lawyers can help you navigate your rights and obligations to ensure your financial interests are protected.

Where children are involved, our separation lawyers will assist you in resolving parenting schedules, guardianship, and related matters with a focus on your child’s best interests.

If you are beginning a new relationship, our Nanaimo, Courtenay and Port Alberni family lawyers can help you plan for the future with a cohabitation or marriage agreement. Commonly known as a prenuptial agreement, a cohabitation agreement is a contract that sets out how you and your spouse or common law partner will divide your assets in the event of a future separation.

Contact one of our divorce and separation lawyers for professional assistance to strategically resolve family law issues with your long-term interests in mind.

Depending on your circumstances, you may benefit from mediation or arbitration to resolve your family law dispute. To learn more about these alternative dispute resolution tools visit our Family Mediation and Arbitration page.

Capital Gains: What you need to know

When it comes to owning land, property, or investments, one term that often surfaces is “capital gains.” Understanding the taxation of capital gains is important for anyone involved in the buying and selling of assets (such as real estate), investments, or for those owning and operating a business. In Canada, capital gains are a significant…

New Tax Rules for 2023: Bare Trusts Face Unexpected Reporting Requirements and Penalties – UPDATE

UPDATE: CRA exempts bare trusts from trust reporting requirements for 2023 tax year.

Read the CRA Announcement:  March 28, 2024: Bare trusts are exempt from trust reporting requirements for 2023

New Trust Reporting Requirements – Bare Trusts are Caught

Almost all trusts must now file a T3 Trust Income Tax Return, regardless of activity or income. The filing deadline is April 2, 2024, and a failure to file may result in penalties and unfavourable tax implications. Notably, “bare trusts” are caught by the new rules. Bare Trusts In fairly simple terms, a bare trust…

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