Advanced Financial Issues in Family Law 2022


Course Date: May 19, 2022

Full Course Materials
Total: 5h 23min
Total Ethics: 1h

Welcome and Land Acknowledgement (9:00 – 9:10)

Todd R. Bell Basran Robin & Bell, Vancouver
Scott L. Booth, QC Jenkins Marzban Logan LLP, Vancouver

Distributive Taxes (9:10 – 10:15)

  • where do distributive taxes stand since Mahmoud v. Sanai
  • the effect of the valuator's conclusions in calculation of distributive taxes
  • the effect of assumptions in calculation of distributive taxes

Kiu Ghanavizchian, CPA, CA, CBV, MBA Blair Mackay Mynett Valuations Inc., Vancouver
Eli C. Walker Aaron Gordon Daykin Nordlinger LLP, Vancouver

BREAK (10:15 – 10:30)

Minority Report: Nuanced Issues Relating to Minority Discounts (10:30 – 11:35)

  • national review of the treatment of minority discounts by provincial Courts of Appeal
  • the limits: where the CBV stops, and the judge must begin
  • issues arising in family run businesses with multiple shareholders and/or several generations 
  • where the shareholder has a minority interest in an individual corporation but exerts control over the larger organization of related companies 
  • how to attack/defend the CBV's findings 

Todd R. Bell Basran Robin & Bell, Vancouver
Jane M. Reid  Jenkins Marzban Logan LLP, Vancouver
Lucas Terpkosh, CPA, CA, CBV  Blair Mackay Mynett Valuations Inc., Vancouver

BREAK (11:35 – 11:50)

Unusual Forms of Income (11:50 – 12:55)

  • deferred income
  • grants
  • restricted share units
  • forgivable loans

Ian B. Hayward  Hayward Sheppard, Vancouver

LUNCH (12:55 – 1:35)

Judicial Time Travel: Adjusting Valuation Date for Fairness (1:35 – 2:40)

  • fairness in a red hot real estate market
  • dispute resolution and reduced judicial resources
  • the personal and financial cost of delay
  • impacts on children
  • the evolving law on adjusted valuation dates

Nikki L. Charlton  Farris LLP, Vancouver
Morag M.J. MacLeod, QC  Barrister & Solicitor, Vancouver

BREAK (2:40 – 2:55)

Advanced Issues with Guideline Income Reports (2:55 – 3:55)

  • what is the evidentiary status of a guideline income report
  • when should a guideline income report be obtained
  • giving instructions to the expertmanaging factual assumptions and cost
  • s. 18 adjustments and availability of funds
  • accounting for minority interests
  • dealing with personal expenses
  • s. 19 imputation of income

Patti Daum, CPA, CA, CBV  Daum Valuation and Financial Services Ltd., Vancouver
Jacqueline G. McQueen, QC  Aaron Gordon Daykin Nordlinger LLP, Vancouver

Closing Remarks (3:55 – 4:00)

Todd R. Bell Basran Robin & Bell, Vancouver
Scott L. Booth, QC Jenkins Marzban Logan LLP, Vancouver