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Toronto Divorce Advice, Tips & Resources

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 regarding marriage and common-law relationships. As compared to 1981 statistics, in 2011 more women of all ages are following this…

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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 particularly true for women who put their career on the backburner during their marriage, so they could support their spouse…

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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 income for the purpose of making these determinations.  In this specific case, financial gifts from the husband’s mother were deemed…

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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 important that great care and attention is paid to the process of dividing these things since the settlement reached could…

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Which documents are necessary to determine child support?

Though few couples that decide to have children together assume that they will breakup, it does of course happen. When it does, it is likely the custodial parent will seek child support from the other parent. This is true regardless of whether the couple was ever married. In Ontario, Child Support Guidelines are in place, which help determine how much those payments should be. Being aware of what those guidelines take into account can help parents involved in a child support proceeding prepare. Depending on…

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Steps to take to secure a positive financial outcome in a divorce

The decision to end a marriage is one that most people in the greater Toronto area do not make lightly. For the best chance of securing a positive outcome financially, it is advisable to take certain steps. While the things we are talking about today pertain to both genders, they could be particularly helpful for women. The first thing is to make sure you have a separate financial account. This will be necessary if the couple divorcing opened a joint account after they were married….

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