Divorce and Your Finances
Canadian government statistics continually show that roughly half of all marriages end in divorce. If a couple is contemplating moving forward with a divorce, it is important to carefully consider how this event will affect their overall financial situation. Understanding how a divorce changes financial and estate plans can help reduce legal costs and […]
Protecting Your Financial Well-Being Post-Divorce
“After 38 years of marriage, I was blindsided when my husband asked me for a divorce,” says Patricia, 61. “I didn’t see it coming and was shocked at how fast and efficiently he left the life we had built together.” Like many women of Patricia’s generation, she had made the decision to stay home and […]
Divorce and Your Finances
Canadian government statistics continually show that roughly half of all marriages end in divorce. If a couple is contemplating moving forward with a divorce, it is important to carefully consider how this event will affect their overall financial situation. Understanding how a divorce changes financial and estate plans can help reduce legal costs and reduce […]
Financial Plans & Divorce
History tells us about half of marriages in Canada end in divorce. Andrew and Sara are about to end theirs and are concerned about the changes that will have to be made to their financial and estate plans. Some financial and estate issues they need to consider are: Life Insurance – The first thing that […]
Financial plans and marriage breakdown
Statistics show that about half of marriages end in divorce. Ed and Liz are ending theirs and are concerned about changes that will have to be made to their financial and estate plans. Some considerations, also in common-law relationships, are: Life Insurance – The first thing that needs to be done is review beneficiary designations. […]