People tend to think of divorce only as a legal issue and to many extents it is. But for most people divorce is much more a financial issue and one that often requires the specific expertise of a financial professional. There are financial repercussions that need to be addressed properly in your Separation Agreement. Think about mortgage penalties, realtor fees, tax implications to just name a few.
Nobody gets married with the intention of divorcing, but the fact of the matter is that 4 out of 10 married Canadians will need to deal with the financial toll. For more information read more by financial planner, Jason Heath in the Financial Post.