Money management is an important skill for everyone to learn, but it is especially important for those who are going through a divorce. Divorce can be a very taxing period, so it is important to be as prepared as possible. There are a few steps to keep in mind when it comes to money and…
A married couple is meant to love each other for better or worse, as per their wedding vows. However, a marriage is only as good as the effort both parties put in, and there are times when it just doesn’t work out, leading to divorce or separation. This creates a new problem because finances come…
Ending a relationship is never easy. The process can be even more complicated when financial ties are involved. One important issue that must be addressed is the disclosure of financial information. Depending on the nature of the relationship, both parties may be legally obligated to disclose certain financial information to each other. Financial Disclosure Of…
Divorce in Canada is an optimal arrangement for some former married people’s physical and mental well-being. However, aside from having those parts of your life impacted, you will also experience some financial changes. Compared to taxes where everything is filed in conjunction with a former partner, there will be several differences to keep in mind….
You may reach a point where you and your partner are unable to resolve disputes on your own. When that happens, divorce may be the only answer. If you and your partner break up, you will need to divide your assets in accordance with the applicable laws constituting your province. If you own a business,…
Most of us intend to coast in our golden years. If you unexpectedly find yourself divorced, you may find yourself living on less than you thought during years when you make less money. You may be required to re-enter the workplace or work for longer than anticipated. These are the reasons why financial planning is…
If you get divorced in your 50s, there are some financial considerations that come into play because you may be losing more when it comes to the division of savings, investments, and the overall value of your assets. When married couples divorce, their property is usually divided between them. The rules vary slightly depending on…
Going through a divorce can bring about several changes. There could be physical, mental and emotional shifts during this time of separation, especially if you’ve been with your spouse for a long time. Another evident alteration that you would have to go through after married life would have to be finance-related. As you change your…
Can My Spouse Take Everything In A Divorce? Your spouse may no longer want to be in a committed relationship with you, or they may want a divorce and now you’re asking all your friends about Calgary divorce lawyers. Whatever the case might be, you’re now in the midst of a divorce and you may…
Can What Was Said During Mediation Be Used In Court? Today we would like to answer an important question: Can what was said during mediation be used in court? There is a big misconception that whatever parties say in front of their Calgary divorce mediators will be used by them in front of the judge….
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