Separating Finances During a Divorce: How to Protect Family Inheritances
The average Canadian receives just under $100,000 from inheritances. That’s a good chunk of money that can go towards renovating the marital home or paying off debts. Depending on how the inheritance was used during the marriage, couples may disagree on how the asset should be divided during the divorce. Those who inherited money or assets may be at risk of losing a portion of it to...
When Couples Don’t Want to Stay Married, is Divorce the Only Option?
Not All Couples Live Happily Ever After Despite the best of intentions, not all couples live happily ever after. When couples drift apart, they often think they have two options: stay married and stay miserable; or divorce. In fact, couples have a third option – a legal separation. Couples can remain legally married for an indefinite period of time. Warren Buffet, for example, separated...
Breaking the News: Talking to Your Kids About Divorce
Divorce is frequently difficult and costly. When it comes time to split, couples often argue over blame, assets, and hurt feelings. If the decision is painful for the adults, imagine how children may struggle with the news that mom and dad are getting a divorce. Many parents don’t know when to broach the subject with their children. The Prevalence of Divorce With divorce rates as high as 40%,...
Divorce Roadblocks: Dealing with Uncooperative Spouses
Unfortunately, not all marriages have a happy ending. Divorces are not uncommon in Canada, and are granted to couples that have separated for over a year. There are two types of divorces: contested and uncontested. About 80% of divorces are uncontested; however, if the marriage didn’t end on happy terms, a partner can lengthen and complicate the divorce proceedings by contesting it. Common...
How to Calculate Child Support Payments in Ontario
Of the many consequences of divorce, the changes to the family’s financial affairs can create tension in an already strained situation. The costs associated with operating separate households—often on reduced income—could result in the children experiencing certain hardships. It is key for parents to remember, under Canadian Family Law, they are both legally responsible for the financial...
How a Father Can Get Full Custody Of His Children
Divorce cases can be horrible, especially if both parents want full custody of their children. When children are involved, their rights and best interests must be considered in addition to the rights of each divorcing spouse. While the law may favour the mother when the child is very young, more fathers are being granted full custody. In order to apply for custody, it is important to...
How to File For Child Custody in Ontario With Child Support
While divorce can be a difficult process, couples who have children need to put a priority on their children’s best interests. Under Ontario’s Family Law, parents are required to provide care for their children regardless of marital status. So when a marriage breaks down, parents must make important decisions about custody, access, and support for their children. Related resource: Online...
Ontario Restraining Order Laws: What Is A Restraining Order?
It’s a fearsome situation when you find yourself facing violence directed at you – or your children. You’ll need to know how to proceed and where to go for help to protect yourself and your family. What is the Purpose of a Restraining Order? A restraining order protects you and/or your family members from other individuals that pose a threat to your safety or well-being through a set of...
Are You Worried about How Custody Arrangements Affect Children?
Did you know that trying to get your child to hate your ex will cause them to hate you? As the parent, you can have a big influence on how your child custody agreement will affect your children. You can help set the tone for how your children should interact with your ex. Like a trickle-down effect, your kids could mimic your behaviour and attitudes so you want to be mindful of what you say...