Financial problems are the leading cause of relationship breakdown. In fact, a Bank of Montreal poll found that fighting over money was the top reason for divorce among Canadians, even ahead of infidelity. A recent BDO Canada poll found that many Canadians are hiding financial secrets from their partners. In a world that survives on […]
I recently had the opportunity to attend a Webinar hosted by the American Society of Appraisers (ASA) that discussed the impact COVID-19 is having on business valuations. The panelists included ASA’s, ABV’s, CBV’s and CFA’s and one of the most discussed topics was the impact the valuation date can have on business valuations, due to […]
Daren Givoque and Tina Murray sit down with Pamela George, Financial Literacy, to talk about thinking about an emergency fund, setting up a budget for the next 90 days, concentrating on the essentials (food, bills, etc). Connect with Pamela and get a FREE financial counselling session http://www.PamelaGeorgeFinancialLiteracy.com/ admin@pamelageorgefinancialliteracy.com (613) 407-1478. You can also find Pamela […]
Many people who have been divorced these days go on to remarry. While some remain cautious about entering into a new serious relationship, others may have the view that, this time around, they have found the perfect partner and they don’t need to protect themselves from the possibility of the relationship ending. Regardless of how […]
Darren Ladouceur with us from Sunlife Financial today! We talk about the bones of financial planning around divorce and the holidays. Budgeting is scary, we hate it but it’s a bit different during the divorce. Especially during the holidays! Darren checks in on how to help you set up a ‘spending plan’ and breaks it […]
The new year is a time to look towards the future and many people mark the occasion by making new years resolutions. If you are going through a divorce or separation the holidays were likely a very challenging time and it can be difficult to look towards the future. However, with the right attitude, you […]
What happens if your ex goes into debt after your separate? The answer may seem simple. The person who incurred the debt should pay for it. However, in certain jurisdictions it is not so straight forward. In an article in Financial Post Toronto Lawyer Adam N. Black explains how a couple in Alberta got into […]
Spousal support is one of the most contentious and complicated aspects of divorce. There are many factors that play into how much support one spouse owes the other once the divorce has been settled. In court proceedings it is often up to a judge to decide the amount and parameters for spousal support. However here […]
In part 2 of Daren Givoque and Tina Murray’s conversation with accountant Rick Evans he talks valuations, non-arms-length transactions and income tax. Not sure what these things have to do with each other? Listen in and find out!
Working out financials can be tricky when going through the divorce process. If you have been with your spouse for a while it is likely that you have shared debts, expenses and even shared bank accounts. Many couples choose to merge finances when getting married which can make things difficult when trying to navigate financials […]