Money Smart
Divorce Mediation

Financially Wise Separation Agreements

Separation and Divorce in Ontario


Orientation and Prep Session

All clients begin with a one-on-one Orientation and Prep Session. We meet with each spouse individually so that you both have the opportunity to freely discuss your personal story and ask all of your questions in a safe and private environment.

We will assess your overall situation and make sure you have a clear plan in place before you start spending money. We will initiate your financial plan, get you started gathering your documents and immediately put in place a credit protection plan. Before taking your next steps, we want to ensure that you understand the divorce process in Ontario. This includes understanding your rights, responsibilities and obligations and most importantly helping you to move forward with the correct negotiation process that is most applicable to you and your spouse.

Financial Analysis & Disclosure

Before anyone starts micro-dividing assets, let’s first gather all these individual financial pieces together and take a step back to look at the big picture.

Do we have everything? Do we really know the proper values? It is really important to understand that not all assets are the same. Even assets of similar face value may have completely differing cash values or tax implications and this requires smart financial analysis.

Disclosure is a process of instilling trust and reducing unnecessary concerns while empowering people to make wise money decisions. In Step 2, we get all this information gathered together, organized and ready to be used so that you can fly through the next steps without unnecessary delays.



Family Mediation

In Ontario, you do not need to go to court to negotiate your personal matters. In fact, in most cases it is faster and less expensive if you and your spouse can negotiate without involving the court. The Common Sense Divorce offers various versions of our Mediation Process, depending on the complexity of your file and the level of amicability between you and your spouse. We are experts at problem solving, creating options and generating solutions.

Remember, Mediation has numerous perks over the traditional legal process. Mediation has proven to be a more amicable legal process, proven to minimize negative impacts on children and proven to encourage creative solutions. It keeps a measure of control between you and your spouse and because you and your spouse worked through this together, mediated agreements are far more likely to stick.

Financial Strategizing of Assets

This is what makes The Common Sense Divorce unique. Working through the division of your family’s hard-earned assets is more than just pulling out the scissors and cutting them in half. This is about making a financial plan that allows you to retire on schedule, ensuring that you can still qualify for a mortgage and making sure that Revenue Canada is not getting more than their due share.

“When all of this is over can I actually live on this?” “Is there a smarter way of doing this?” “Are there other options that could make this easier for both of us?” Our Divorce Financial Specialist will sit with you and impart financial wisdom, play out some financial scenarios and ensure that your Separation Agreement makes good money sense.

If you need any assistance with Mortgages, Realtors, Life Insurance, Wills and Estates, Financial Planning, we have the professionals that can assist you with that as well.



Independent Legal Advice

When you and your partner have agreed to all of the issues that need to be dealt with, your negotiations are written into a legal contract called the Separation Agreement. It is important that your Separation Agreement is not only legally prepared in Ontario, but also legally enforceable and legally binding.  Part of the way this is accomplished is by making sure that each party receives independent legal advice (ILA).

Both you and your partner will each discuss with your own ILA lawyer, who will make sure that you understand what it is you are signing. They will give you a legal opinion on your Agreement and make sure that the final copy is drafted in a way that best reflects each of your intentions.

Uncontested Divorce Decree

One year after your date of separation and once all of the marriage’s parenting, financial, property, and support matters have been properly dealt with, then you can apply for an Uncontested Divorce.

This is the final step in the divorce process. After your Uncontested Divorce applications have been filed with the courts, you will be granted your Divorce Decree.



Every couple faces unique challenges.
Understand how separation will affect you,
your children, your finances and your future.


What Do I Do First? What Do I Do Next?

Free Telephone Assessment

Our telephone Assessment Consultation will help you better understand your situation, clarify information & help you plan your next steps.

Prep & Planning Session

First meeting: a personalized Orientation & Prep Session to share your story, talk about your finances and get prepped to move forward.

Mediation That Fits Your Situation

Numerous mediation bundles to fit your situation that include your mediator and the financial and legal services, to save you time, money and drama.

Separation Agreements

Spousal Support

Family Mediation

Child Support

Divorce in Ontario

The Divorce Process

The Matrimonial Home

Certified Divorce Financial Analyst

Same Sex Divorce

Divorce And Your Money

Pension Valuations

Divorce and Taxes