Stress can affect a person’s ability to think clearly, and one of the most stressful circumstances some will ever experience is a divorce. If you are in the process of filing for a divorce, although it may be challenging, it is crucial that you put emotions aside to focus on important matters such as your financial affairs.
Here are some things you should do to ensure you make wise financial decisions when going through a divorce:1. » Read more about: Seven Things to Remember When Managing Your Finances During a Divorce » Read more 6 mins read
If you are going through a divorce, and you have a child, one of your primary concerns will be child custody. If you are unable to reach a custody agreement with your former spouse, you will need to go through the court system for the matter to be decided.Types of custody arrangements
There are four types of custody arrangements that may be enforced by court order:
With sole custody,
After a divorce, you may want to have little to no interaction with your ex-spouse. While in some cases, you may be able to cease all contact with a former spouse, that should be a last resort when children are involved. To ensure the proper care of your children, you may need to co-parent with your ex-spouse. A parenting plan may prove helpful in that regard.How does a parenting plan help? » Read more about: Communication Between Parents After a Divorce » Read more 5 mins read
Money problems are one of the top five causes of divorce in Canada. It is no surprise then that financial matters are also often a cause of contention in a divorce. If you are going through a divorce, you may be wondering how the debt you accumulated during the marriage will be shared or if you will be left carrying your spouse’s debt.
Here are some things you should consider:Joint debt vs individual debt
In a marriage,» Read more about: How is Debt Shared in a Divorce? » Read more 6 mins read
If you are in the middle of a divorce, you may need the help of a divorce lawyer. But what should you do if you need a divorce lawyer and do not have the money to retain their services? If you are in Toronto, you may still be able to access legal assistance in your divorce, even if you have financial constraints.Check with Legal Aid Ontario
If you fall in a low-income bracket,» Read more about: What to do if you need a divorce lawyer and have no money? » Read more 5 mins read
In the past, marriage was the most popular option for couples who intended to spend their lives with each other. Nowadays, other arrangements are becoming more and more common. One alternative that many couples choose is a common-law union. There are many similarities between a common-law union and a marriage. However, a marriage and a common-law relationship are recognized in different ways by family law in Toronto when deciding certain matters. If your relationship is thriving,» Read more about: Differentiating a Common-Law Union From Marriage in Family Law » Read more 5 mins read