News Releases

Additional Terms in a Purchase Contract: What You Need to Know

Posted on: February 7th, 2005 / 10:22 am

The standard Alberta Real Estate Association (“AREA”) contract contains a clause of the contract where the parties can list their own additional terms of the contract. This “additional terms” clause is found at clause 7.6 of the standard residential AREA contract. Often buyers and their realtors have the seller enter // Read More

New Trends in Family Law

Posted on: February 7th, 2005 / 9:23 am

SPOUSAL SUPPORT GUIDELINES DELAYED – AGAIN In 1997, the federal Department of Justice issued the Child Support Guidelines in an effort to bring consistency to child support Orders. By and large, the Child Support Guidelines have been successful in reducing fluctuation in child support Orders, especially where there are no // Read More

Mortgage Insurance – Should you be Concerned?

Posted on: January 20th, 2005 / 10:26 am

Many people have entered the housing market in the last several years. Low interest rates and the strong job market in Calgary have given people the prosperity necessary to either acquire their first home, or move up to more expensive homes. Often, whether there are one or two income earners // Read More

The Importance of Having a Will

Posted on: January 17th, 2005 / 10:27 am

IMPORTANCE OF HAVING A WILL Many people ask me if they need to have a will. Many people presume that they don’t need a will because they don’t have enough money, in their minds, to worry about it. Most people do not want to face the prospect of death that // Read More

Alberta’s New Insurance Scheme: Why the fuss?

Posted on: October 15th, 2004 / 10:29 am

Alberta’s new insurance scheme has been attracting much attention in recent weeks. The scheme came into force on October 1, 2004. The new insurance scheme is being made by way of several new regulations to the Insurance Act, including the Minor Injury Act Regulation, the Automobile Insurance Premiums Regulation and // Read More

Checks and Balances: Why Big Business Hates Litigation

Posted on: October 12th, 2004 / 10:29 am

We at McGuigan Nelson Kirk are pro-business. Businesses create jobs and pay taxes. However, businesses need checks and balances for the same reason governments do. These checks and balances are so important that when both Canada and the U.S.A. were created, those checks and balances were instituted in the respective // Read More

Void Ab Initio: What Does it Mean to You?

Posted on: October 9th, 2004 / 10:31 am

Often when clients have made a claim with their insurance company, they are told by their insurer that their claim has been denied and that their insurance policy has been declared void ab initio. The first question that our clients have is what the term “void ab initio” means and // Read More

What Alberta’s New Insurance Scheme Means to You

Posted on: October 5th, 2004 / 10:31 am

On October 1, 2004 Alberta’s new insurance scheme came into force. The most notable of the many changes instituted by this scheme is the $4,000.00 cap that has been placed on “minor” injuries. But the new scheme also places an impetus on victims to begin government-prescribed treatment protocol as soon // Read More