Gail Vaz-Oxlade is author of 16 books on finances and best known in her role as host of TV’s Til Debt Do Us Part, Princess and Money Moron.
For most people divorce is less about legalities and more about kids, tax implications and making smart money decisions. Best-selling financial author Gail Vaz-Oxlade brings common sense wisdom to answer your questions about Separation Agreements and divorce in Ontario.
Your Separation Agreement and more specifically the parts dealing with support and the parenting plan, will include a legal clause called the dispute resolution process that explains how any potential future disagreements will be dealt with. It is an important clause that ensures you the option to pursue any number of potential dispute resolution avenues instead of only being able to resolve issues with lawyers or court. Typically negotiations that were originally resolved out of court will include a similar family dispute resolution process to deal with any potential future agreements.
If a dispute arises out of, or in connection with this Separation Agreement, you and your ex spouse agree to meet together to find a resolution before resorting to court or litigation. This may mean, meeting together on your own, through a trusted friend or family or through a mediator. If that does not work, you may choose to meet with your lawyers.
According to the Family Law Act, all information and communications exchanged during this process are only for the purpose of negotiations and settling the issue only and is to be treated as confidential by the parties and their representatives, unless otherwise required by law.
“Family settlements that are created through mediation and settled out of court are statistically proven to minimize future conflict.”
Every couple faces unique challenges.
Understand how separation will affect you,
your children, your finances and your future.