Define family assets, and explain why they be- come an issue when a marriage dissolves. 2....

 

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Define "family assets," and explain why they be- come an issue when a marriage dissolves. 2. How have statutes on family matters changed since the 1980s? Explain the reason for these reforms. 3. What is an equalization payment? Give an exam- ple of your own. 4. Why is the matrimonial home given special con- sideration under family law? 5. How does the division of family assets differ for people living on Indian reserve lands? 6. What precautions should common-law partners take to protect their shared assets in the event that the relationship ends? 7. Why is it important to have a will? Use the words in- testate and succession in your explanation. Define "family assets," and explain why they be- come an issue when a marriage dissolves. 2. How have statutes on family matters changed since the 1980s? Explain the reason for these reforms. 3. What is an equalization payment? Give an exam- ple of your own. 4. Why is the matrimonial home given special con- sideration under family law? 5. How does the division of family assets differ for people living on Indian reserve lands? 6. What precautions should common-law partners take to protect their shared assets in the event that the relationship ends? 7. Why is it important to have a will? Use the words in- testate and succession in your explanation.

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1 Family Assets Family assets refer to the property and assets acquired by a married or commonlaw couple during their relationship These can include the family home vehicles bank accounts investments ... View the full answer