Divorce and separation is hard. But, regardless of how you feel emotionally, there is a laundry list of professionals you need to contact when you separate from your spouse. People often forget but your insurance broker is one person you want to notify asap so you don’t run into any insurance issues down the road. […]
Nothing is certain in life except death and taxes. Nothing is more true, especially when navigating the complex and emotionally charged world of divorce. There are many tax implications that you need to watch out for both during the equalization process and after you and your partner have separated. Here are a few things you […]
Dividing assets can be a tricky business when it comes to divorce. Throwing a savings account that affects your child’s future into the mix can make things even more complicated. RESPs are a great way to save for your child’s education but deciding what to do with them if you and your partner separate is […]
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 […]
Budgets are important no matter what life stage you are at. Any financial adviser, accountant or even your own mother will tell you that having an idea about what your expenses are and where your money is going is imperative to ensuring financial security. When it comes to divorce, sitting down and figuring out how […]
A home is usually the biggest asset a couple has to consider when going through a divorce. Navigating the complex world of mortgages is not an easy task and knowing how to deal with a home when it comes to reaching an equitable settlement can be complex. Mortgage brokers are your best ally when it […]
Going to a lawyer unprepared can make a divorce a lot more complicated. These simple questions get you thinking of simple things to do to give you a better financial position down the road.
When a person or couple starts looking into divorce it is hard to know where to turn. It is commonplace to have a lawyer or mediator handle the legal aspects of the divorce and ensure that the division of assets are equitable and fair. While divorce lawyers and mediators are excellent at applying the law, […]