British Columbia Family Law Blog

We thought you should be aware of pitfalls in security for BC child and spousal support in British Columbia. Come see our BC Family Lawyers at our Vancouver and Fort St John and Dawson Creek offices.

Don't pledge RRSPs as security. Section 146(2) (c.3ii) of the Income Tax Act deems an RRSP that has been pledged to be deregistered. The "real" security, when taxes are taken into account, may therefore be significantly less than face value.