Make sure you understand points about a Canadian divorce

Making the decision to get a divorce is something that most people don’t take lightly. When you embark on the journey toward a new, single life, you should make sure that you know some of the finer points of divorce. There are several things to consider if you are getting a divorce in Canada.

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15 items your parenting plan should include

As you work through a child custody case in Ontario, you may need to set up a parenting plan. It’s important that this plan addresses your child’s best interests, as well as your rights and your spouse’s rights. Below are 15 things you want to make sure the plan touches on.

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Reasons for divorce depend on many different factors

There are an almost endless number of reasons why people get divorced. A recent report by a sociologist suggests that one of those reasons involves men who are financially dependent on their wives. The report noted that those men are more likely to cheat on their wives than wives who are financially dependent upon their husbands.

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What are classified as marital assets in Canada

One of the big issues that people face when they are getting divorced is dividing the marital property. Some people don’t fully understand what is counted as marital property. They might think that their own pay is their own money; however, if it is pay that you earned while you were married, it is a marital asset. Understanding some basic points about marital assets can help you ensure that you are getting a good settlement when the time comes to divide these assets.

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Divorce at retirement age requires special considerations

Going through a divorce is a difficult journey at any age. For some people, however, it means ending an unhappy chapter of life and starting a happy chapter. This seems to be the case for many Canadians who are hitting retirement age. There has been a spike in divorces for people age 55 and older. These divorces have been dubbed grey divorces.

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A marriage agreement (prenuptial) is like an insurance policy

The negative stigma surrounding marriage agreements persists in Canada, despite the very real statistics about divorce. These agreements can help to protect wealth and assets in a divorce, and they can be written around things that commonly cause couples to split up, such as infidelity. Despite how helpful this sounds, people look at them negatively because no one wants to believe a marriage is going to end.

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