What is Disclosure in a Divorce?

To determine how assets will be divided in the divorce, you, your spouse and your respective legal counsel will need to know what those assets are. Disclosure is the process by which all parties get information regarding the other’s income, assets and debts. It is crucial that all parties are honest and forthcoming with financial information if they want to reach a fair divorce settlement quickly.

How to exchange financial disclosure

Usually, disclosure is a voluntary process that is done by filing a Notice to Disclose.

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6 mins read

Reasons to Keep Money Separate From Your Spouse

Some research suggests that money is a primary factor in more than half the divorces in Canada. Therefore, it is important that you carefully consider how you and your spouse will handle your financial matters.

When it comes to marriage finances, there are different schools of thought on how accounts should be held. Some believe that husbands and wives should pool all their finances while others think they should maintain separate accounts. If you are contemplating how to handle finances in your marriage,

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7 mins read

Helping Your Children Through Divorce

One of the biggest concerns for parents going through a divorce is how their children will cope with the situation. If that is one of your concerns, here are some things you do to help your children through your divorce:

Inform the children of the divorce

Once you are certain that you will be getting a divorce, you and spouse should both sit down with your children and inform them of your plans.

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7 mins read

Does Child Support Affect Your Taxes?

Are you going through a divorce in which children are involved? Then, you may be wondering if you will have to pay child support or if you are entitled to these payments. You may also be wondering whether such support will affect your taxes. If so, here’s what you should know if you need child support lawyer:

Who is entitled to child support payments after a divorce?

Under the law, parents are financially responsible for dependent children.

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9 mins read

5 Tips For Successful Divorce Mediation

If you and your spouse have decided to end your marriage in divorce, one way you can reach your divorce settlement agreement is through mediation. With the help of mediation, you may come to an amicable dissolution in your marriage and avoid going to court. A successful mediation can save you time and money in legal fees.

If you are considering mediation, here are some things you should do:

Agree to mediation with your spouse

In most situations,

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6 mins read

How to Avoid Going to Court in a Divorce

Going through a divorce is stressful. When you add the possibility of going to court, the process may seem even more daunting. If you are trying to avoid going to court in your divorce, here are some tips that might help:

Resolve issues on your own

If your separation is amicable, you might be able to agree on the terms of the divorce with your spouse. To try this approach, make a list of the issues that must be addressed.

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5 mins read

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