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Archive for the ‘Divorce’ Category

If you are facing divorce in your 50’s, it’s imperative that you have an understanding what you may be entitled to in Canada Pension Plan benefits.  You should review your latest statements regarding your projected CPP payments. You can request a current statement of Contributions from Service Canada.   The expected amount may not change significantly [...]

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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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As the ups and downs of  the economy continues, so does the stress on couples considering separation after long term marriage and  facing retirement. Couples now have to deal with financial issues  that are unique at this stage of their lives. How to pay the bills if both of you are retired ? How to [...]

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Listen to my interview on Divorce Source Radio where I speak with Deborah Moskovitch about the many concerns, considerations and consequences of financial planning for the older divorcee. http://www.divorcesourceradio.com/im-divorced-now-how-am-i-going-to-retire/

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The closer retirement, the more important it is to manage resources.  It takes a lifetime of planning for the years when more monies will go out than will be earned. For most couples, their plans for retirement are meshed.  When kids are young, there are often dreams about what an empty nest will feel like.  [...]

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In 2009, people ages 50 and older were twice as likely to divorce as their counterparts in 1990. Researchers have just begun to explore why. They know that, for many boomer couples, the kids are out of the house and it’s time to face reality. Who gets to keep what is  even more stressful at [...]

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For  couples contemplating separation or divorce at later stage of life, the costs of   prolonged negotiations that may erode assets that they’ ve set aside for their retirement  is not what they want to see happen. There are viable alternatives to costly litigation  that  allows the couple, rather than the court, to decide what is [...]

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For   “empty – nesters”, divorce is increasingly common. Though overall divorce rates have declined since spiking in the 1980s, there has been a rise in “grey divorce”. At this stage of your life, you probably didn’t think divorce would be something you’d be contemplating when also having to consider things like investing in your business, [...]

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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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Child support guidelines were created for the average of all families- not for any particular family.  Kids need food and heat and transportation.  They also need bikes and computers and birthday presents.  Someone has to pay for lessons and activities, sports equipment and school trips. Without a good road map the kids are likely to get [...]

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