24 - Sunday, April 5, 1992 - North Shore News Seek lawyer’s assistance home, which I owned prior to our marriage, and the furaishings, cars and whatever bank accounts we may use. but [ do net wisk her I COULD no longer stand to live with my husband who is a very tough businessman and therefore moved with our teenage daughter from the home and am now living in an apartment. He voluntarily is paying me $2,000 without any agreement or court order and has been telling me that he is going to have to cut down on the maintenance that he pays me, because he can no longer afford to make the payments. We lived in 2 lovely home which I understood to be fully paid for, and prior to our separa- tion he always bragged at how successful his business was. He has shown me his recent financial statements from the company that he owns aad it appears that the value of the company is less than $100,000. He has offered to buy me a condominium worth $175,000 in return for release of my interest in all of his assets and for my re!eas- ing him from any future maintenance obligations. At pres- ent, I am employed as a secretary ia an insurance office, and I carn $2,000 per month gross. He also said that if I go to any lawyer that he doesn’t like there will be a real fight and I will get nothing. What should I do? It is obvious that you are not able to bargain with your husband on an equal footing. Rather than attempting any negotiation yourself you should immediately seek the assistance of a lawyer competent in family law and have him or her demand all relevant fi- nancial information from your husband. This would include all of his income tax returns for the last three years and the financial statements for his company for at least the last three years. - That material then should be turned over to a qualified accoun- tant who is trained to value : businesses and a value should be determined for your husand’s shares in his company. A search of title of your former matrimo- nial home by your lawyer will provide the information as to the mortgages against the home, and a real estate appraisal by one of the reai estate appraisal firms in your area will give you a reason- able idea of the value of your home. In addition, your husband should be made to provide a sworn statement as to his assets and liabilities which will assist your lawyer in determining whether all assets owned by your husband have been disclosed. As to his complaint that he does not have any money left after paying you $2,000 per menth, that is a very simple matter for your lawyer and his to resolve. While all matters are being worked out between you and your husband you could enter into an interim separation agreement dealing specifically with maintenance, which would make the maintenance tax deductible to him and taxable in your hands, which should alleviate most of his prob- lem. Good luck. My wife and I were divorced six years ago and we have a reason- able relationship now. There is one child of our marriage wire unfortunately was born wit! 2 mild retardation which has limited her scope in gaining an education and, until recently, employment. My daughter is 19 years of age, which I understand to be the age of majority in this province, and yet my former wife wishes me to Family Affairs HUGH STARK KIRSTIE MACLISE continue paying her maintenance for my daughter as she says my aughter’s recent employment. at which she earns $1,000 per month is not sufficient tu provide her with a suitable standard of living. I have always been involved in my daughter's life even after the separation, even though E did not have custody of her. I do not wish to descrt her or leave her stranded in any way, but I also do not wish to continue maintenance payments to my former wife as my daughter has reached the age of majority. What are my duties under the present law? The Divorce Act states that each parent is responsible for the maintenance of each child of the marriage. The child of the mar- riage, however, relates to an off- spring who is unable for whatever legitimate reason to withdraw him or herself from parental control and dependency. The courts have ignored the age of majority as a cut-off point for maintenance of a child. The answer to your question would be quite simple if your daughter was unable to obtain employment because of her restriction. The fact, however, that she is able to work and earn an income at or above the mini- mum wage would lead us to believe the court would not award maintenance. There has not been a statement by the courts as yet that a parent must maintain a child over the age of majority if the chiid cannot attain the same or similar standard of living to which the child enjoyed during his or her minority. fam a retired businessman and married for the second time recently after knowing my present wife for approximately six months. Recently Y¥ overheard conversations between my wife and one of her friends about the manner in which my wife sought a division of her former husband’s assets and maintenance. This has ane concerned. At the time of our marriage she stated that she would never claim an interest in my company which my two sons run because she knew it was a business originated and developed by my former deceased wife and myself and lat- erally by our two sons. Now I am beginzing to worry about her in- tentions. She is 15 years younger than I am and this is her third marriage. Her iast marriage lasted five years. I don’t mind sharing my to have any interest in the com- pany should a separation occur. What should I do? You should express your con- cerns to her and try to get her to agree to enter into a marriage agreement in which she would telease any interest in her shares forever. You would have to make full disclosure of all of your assets and their values and she would need to seek totally independent legal advice if such an agreement ’ was to have validity later cn. However, even if an agreement is signed, our courts pursuant to the Family Relations Act have the discretion tc vary the agreements and appear to do so quite readily. Your alternative if she does not wish to negotiate a marriage sct- tlement is to limit the involvement of that company in your lives. You should not use your shares in the corporation to borrow money or to cause the company to supply assets which would be ordinarily used for a family purpose to you and your wife. if you have matrimonial prob- lems you should seek legal advice so that your advisor can assess your particular circumstances and give you the best advice. Questions about family law and estates can be directed to Stark & MacLise c/o Family Affairs, North Shore News, 1139 Lonsdale Ave., North Vancouver V7M 2H4. 23 YEARS SERVING assive debt, unpaid-consignménts: defaulted goods being tiqui 53-65% Orr and more! RETAIL go6Do0 259660 Spepo 162600 SIZE 4x6 7x10 3x5 5x8 DESCRIPTION China Super 60 Persian Bakhttar Pakistan Boxkhara Persian Traibal #8 WATER STREET, GASTOWN (across trom Spaghetti Factory) HOURS: MONDAY - SATURDAY 10 - 7 P.M. » SUNDAY 11 - 6 F.M. 681-6440 FOR 3 PACK | FUJI! 100 WIN A WEEDEATER With each purchase of a Fuji 100 3-pack you get a chance. to win a Weedeater. Details - available in-store. 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