Monthly Archives: November 2015

Ontario creating new online child support tool

When a couple has children they are often the primary focus in their lives. This is true not only when they are together, but if they split as well. Accordingly, matters such as child custody and support are usually of utmost importance. Just how much someone in Ontario will pay in child support depends on a variety of factors. The province is creating an online…

Study sheds light on women and co-habitation

Few people enter into marriage thinking it will end in divorce. Despite this, couples throughout Canada regularly decide to end their unions. According to information Canadians provided in the 2011 census, rather than marriage, residents are increasingly opting to be involved in common-law relationships. A study recently released that was based on that information, focused specifically on women age 15 and older, and their preferences…

Following divorce, some women excel in career

There are many reasons why parties to a marriage decide to seek divorce. Whatever the reason, once finalized there is usually a period of adjustment that parties must go through. In Canada, statistics indicate that approximately 40 percent of marriages eventually lead to divorce. One of the biggest adjustments individuals in this situation face is how to live on a new financial situation. This is…

Court rules regular gifts are income for child support purposes

In most all divorces in Ontario one of the matters that will need to be sorted throughout is whether a spouse will have to pay spousal or child support and, if so, how much. Before that can happen, a determination needs to be made regarding the spouse’s income. Recently a decision released by the Ontario Court of Appeal provides information regarding what may be considered…

Retirement considerations for divorcing couples

There are many ways in which a divorce changes the life of those involved. In addition to physically splitting from one’s spouse, other things, such as time spent with children and assets, need to be divided as well. Depending on the specific financial situation of the divorcing couple, the assets that will need to be split will vary. Sometimes they include retirement plans. It is…

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