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Archive for the ‘Current Affairs’ Category

From Marion Korn’s blog http://marionkorn.com/index.php/financial-stability-is-top-of-mind-in-grey-divorce/ At the time in life when incomes start to shrink and retirement is approaching, divorce costs are likely not in the budget.  A lifetime of planning for the future can be deeply undermined if emotions get the better of good sense. Divorce among couples in their 50’s and 60’s is on [...]

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If you are considering a divorce, join Marion and myself for a conversation about the things that matter the most when thinking about separation and divorce – kids, finances and your future.  Our goal is to give you the answers you need in a safe and comfortable setting.  If you or someone you know is contemplating separation, [...]

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If you are facing divorce, you have  a myriad of documents and information to collect and sort. If you haven’t paid attention to the family finances, you may not be aware of what it takes to run the household now. For many, learning about what you spent when you were together is a challenging and [...]

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Here are some interesting statistics about the increase in divorces among long term partners.  According to Statistics Canada, as the Canadian divorce rate fell by more than 11 per cent between 1993 and 2003, it rose among couples over the age of 40.  In  the 50-to-54 age group, divorce rates increased to 34 per cent. [...]

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Divorce is a financial strain on your family because it divides you and your spouse’s cumulative assets. In this economy, where assets are quickly turning into debts, it is critical to understand the financial consequences of a divorce and how to make the most out of its aftermath. A divorce divides one family unit into [...]

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This article explains what the Supreme Court of Canada has said about making changes to spousal support in the years after an agreement has been signed.  If you want to be able to make changes in the future, then your agreement today should say so- and it should also say what future events would be [...]

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Many families postpone their separation until after the holidays.  There are things that can be done in preparation for that change while you have the time to research online or make enquiries during your time off from work. Here are some tips: 1.    Start collecting financial documents like credit card and bank statements, investment and [...]

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Now, after 72 days of marriage, Kim Kardashian and Kris Humphries are separating. Was it really all worth it? The reported cost of their wedding was $10 million, in addition to the amount of time and energy into planning the wedding as evident in all the gossip magazines and TV shows. Putting more thought, time, [...]

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Starting Monday July 18th, every Ontario couple hoping to end their marriage will have to attend an information session on alternatives to going to court before getting a divorce. This law comes much too late in the process. How will getting information about mediation help when couples have already started down the path to court [...]

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