Divorce is a difficult and emotional process that can have significant financial implications. Whether you’re just starting the divorce process or are navigating the aftermath, working with a financial planner can provide invaluable guidance and support. A financial planner can help you navigate the complex economic issues that arise during and after divorce, from evaluating…
Does divorce mediation always end with a settlement? The secret to getting what you want out of a mediation, whether that is an amicable divorce or a financial settlement agreement, is to first understand what mediation is. Mediation is a process of negotiating an agreement between parties that have been unable to resolve their disputes…
If you’re about to attend divorce mediation, you might be asking “what is the success rate of mediation?”. Mediation is becoming popular as a means to negotiate and reach a settlement between couples. Successful completion of mediation does this by listening, showing empathy and treating your (ex) spouse as fellow human beings. Mediation is known…
Yes, you can back out of mediation. Divorce mediation is a voluntary process that you can use to resolve your marital disputes. You are not required to mediate. However, if you agree to mediate and then decide that you don’t want to participate in mediation, you may still be held responsible for any costs incurred…
Divorce mediation can be a good option for a couple seeking to escape the stress of an acrimonious divorce, but is it always successful and is mediation better than going to court? Mediation can be helpful in many different ways, whether that is to bring two parties to a fair financial agreement, or to help…
Divorce mediation is a process in which both parties meet with an impartial third party to resolve their dispute. The mediator does not make decisions for the parties, but helps them arrive at their own decision by providing information and resources, asking questions and facilitating discussion. Mediation can be very effective in resolving disputes because…
Divorce mediation or family law mediation is a process whereby couples who are divorcing or separating can resolve disputes between themselves with the help of a trained mediator. In Alberta, Canada, divorce mediation is a voluntary process that can be used to resolve any issues arising from the breakdown of a marriage or common-law relationship,…
Alberta’s Matrimonial Property Act (MPA), governing how property is divided upon divorce, defines several assets as exempt from distribution. Assets are exempt if they are so personal that the government does not expect you to share them with your partner. Any time you deprive yourself of an exempt asset, you risk forfeiting its exempt status. …
Going to court is, indeed, expensive and stressful, and couples have little control over the outcome. Mediation assists many parties in resolving disputes outside of court. In case you didn’t know, the goal of mediation is to simply settle divorce-related matters outside of court. Many divorced couples cannot agree on co-parenting or financial difficulties. Mediation…
No other distress compares to the kind divorce afflicts to those involved. It is a complex process because it affects multiple parties and feelings—emotions are strained, people are usually in pain, and many are grieving the loss of their relationships. Many children get caught up as their parents battle with one another to acquire legal…
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