How to choose your divorce process wisely and save money

choosing your divorce process

There are many decisions that need to be made once a couple has decided to end their relationship. Contrary to popular belief there several options to choose from for couples that want to stay out of court and resolve things as smoothly and cost-effectively as possible. Here are a few of the available options for […]

Developing mental toughness during divorce

mental toughness

We all have a dialogue that plays in our head. During stressful times this dialogue can either get in the way or help you cope. The problem for most of us is that our inner voice can be highly critical. And this can be exacerbated when you’re going through a particularly emotional situation. A divorce […]

What happens to an RESP in a divorce?

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 […]

5 powerful new years resolutions for divorced people

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 to do with your joint accounts

Division of property in Ontario

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 […]

Tax implications of divorce

Every asset you have has a different tax implication. It is very important to consider this during the equalization process when going through divorce. While things like the couple’s primary residence and TFSA are not taxable there are many other types of property that will be subject to either capital gains tax or income tax […]

What happens to your child’s RESP after divorce?

During a separation or divorce, couples may fight over the house and kids. But for some families, the RESP might be a considerable asset that can also cause a tug-of-war. Here’s what you need to know about your child’s education savings in the event of a break-up. A separation or divorce can be an acrimonious […]