How to Value Assets

How to Value Assets 1

The value of your assets is not always obvious. During the separation process, you will need to value these items in order to properly divide your assets. Here are the top-5 most commonly asked questions about valuations. Valuing the Matrimonial Home There are normally two options for valuing the matrimonial home during the separation process. […]

What is a CDFA?

What is a CDFA? 2

Imagine heading out for a night of dancing in your rain boots. Awkward. How about trying to shovel two feet of snow in stiletto heels. Ridiculous! And yet, every day, people ask their divorce lawyers to be their financial guides. It’s the wrong shoe and it just doesn’t fit. Let me introduce you to the […]

Gail’s Guide to Pension Value

Gail's Guide to Pension Value 3

How to calculate pension value for divorce Canada Pension Plan (“CPP”) Couples getting divorced can apply to the government to divide their CPP contributions that they made during the time they lived together. This process is known as credit-splitting. CPP credits can be divided even if one spouse did not make any contributions to CPP. […]

The Do’s and Don’ts of Dividing Assets

The Do's and Don'ts of Dividing Assets 4

In Ontario, when two people enter into a marriage, each spouse becomes automatically entitled to an equal share of the profits of that marriage. This means that when you divorce, you and your spouse will need to begin dividing your assets so that each of you ends up with half the value of all property […]

What makes it a Nightmare Divorce for Your Kids?

Divorce in Ontario

When going through a divorce there is always a concern for how the children will be affected. It is not necessarily the divorce that gives children a bad experience. Instead, they are affected by how well you manage this experience and will model your behaviour later in life in their own relationships. These are five […]

Child-Focused Co-Parenting Plans

Divorce has likely turned your world upside down. Imagine how your kids feel.  No matter how old your children are, they are all to aware of the emotional changes that are taking place within your home. Does divorce hurt kids? Maybe the better question is, “How do we not add extra hurt onto our kids” […]

Speaking with Your Children About Separation

Speaking with Your Children About Separation 5

Speaking to your children about the separation can be one of the most difficult aspects of the process. No parent wants to break news that will cause emotional heartbreak, but it is critical to have the “divorce” conversation with your children and provide them with the emotional support they need. Some parents find it helpful […]

Gail’s Child Support Q&A

Divorce in Ontario

If I have a child, will I need to pay Child Support? In Canada, children have the right to financial support from both of their parents. If you and your spouse do not live together, you must share the costs of caring for your children. This is not a “maybe” or a “possibly”, it is […]

You Will Need to Buy or Sell the Matrimonial Home

Matrimonial Home

It doesn’t matter whose name the title is in, nor does it matter if it was owned by either of you before you married.  If this is the home that you and your spouse have been living in, it is likely to be considered the matrimonial home and it will be divided between you. The […]

Pay for Your Spouse’s Mediation Costs

Pay for Your Spouse's Mediation Costs 6

You and your spouse have recently made the decision to separate. You’ve done your research and have settled on family mediation as the process you want to use to create your separation agreement. But what do you do when your spouse says they cannot afford to participate in mediation? How can you avoid being dragged […]