5 Tips for Spending as Little As Possible Little on Your Divorce
The Money Smart Divorce Solution Legal, Binding & Enforceable Separation Agreements Divorce Tips 5 Divorce Tips for Spending as Little as Possible on Your Divorce According to a recent survey of Canadian Lawyers, the average cost of a litigated Separation Agreement in Canada is approaching $27,000! That is without even reaching a trial, which could […]
Tax Smart and Money Savvy Divorces
In divorce, the real value of a settlement is not what you get in the agreement, but what’s left over after you pay Revenue Canada their share. Its hard to think taxes when the emotions are running high, but smart divorcing spouses really must consider the wide range of financial implications and tax planning issues […]
Divorce and Tax Implications
When you’re in the middle of your separation process you’re probably not thinking about your taxes, but you really should be. There are a number of tax implications that will arise coming out of your divorce, and it is important to be aware of them while you are creating your separation agreement. Here is a […]
The “How To” of Value Assets
Valuing assets is not always easy or obvious. During the divore and 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 valuing assets. Valuing Assets: The Matrimonial Home There are normally two options for valuing assets like the matrimonial […]
What is a CDFA?
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 […]
ASSETS: 8 Do’s and Don’ts of Dividing Assets When You Divorce
8 Do’s and Don’ts of Dividing Assets 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 […]
What Makes Divorce A Nightmare For Your Kids
Divorce And Your Kids 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 […]
How To Tell Your Kids About Divorce
How To Tell Your Kids About Separation 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 […]
The Cost of Divorce
The Cost of Divorce Should I Pay For My Spouse’s Divorce Fees? You and your spouse have recently made the decision to separate. You’ve done your research and have settled on a family mediation as the process you want to use to create your separation agreement. But what do you do when the cost of […]
Family Mediation Costs Less Than Divorce Court
Family Mediation or Divorce Court? According to a recent Bank of Montreal InvestorLine study, the average cost of a wedding in Canada hovers around $31,110, honeymoon not included. Once the price of raising children is factored in, estimated at over $200,000 per child (don’t forget college or university education!), the cost of starting a family […]
