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 [...]
Archive for the ‘Divorce’ Category
Canada Pension Plan Benefits and Grey Divorce
Posted in Budgeting, Finances, After Divorce, Divorce, Grey Divorce, tagged Canada Pension, Canada Pension Plan, divorce finances, Grey Divorce, Late in life divorce, Pension on May 22, 2012 | Leave a Comment »
Financial stability is top of mind in grey divorce
Posted in Collaborative Practice, Current Affairs, Divorce, Finances, Grey Divorce, tagged collaborative divorce, Collaborative practice, collaborative team, divorce, divorce finances, divorce professional, Grey Divorce, Late in life divorce, retirement and divorce on May 15, 2012 | Leave a Comment »
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 [...]
Grey Divorce and the Current Economy
Posted in Budgets, Collaborative Practice, Divorce, Grey Divorce, Mediation on May 9, 2012 | 1 Comment »
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 [...]
My interview on Divorce Source Radio
Posted in Budgeting, Divorce, Finances, Grey Divorce, Preparing for Separation, tagged division of assets, divorce, divorce advice, divorce finances, divorce help, divorce professional, Grey Divorce, Late in life divorce, Retirement, retirement and divorce, women money & divorce on May 8, 2012 | Leave a Comment »
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/
DIVORCE AFTER 50- THE BENEFITS OF MEDIATION
Posted in Collaborative Practice, Divorce, Finances, Grey Divorce, Mediation, tagged Baby boomer, collaborative divorce, Collaborative practice, divorce, Grey Divorce, Late in life divorce, Mediation, Retirement on April 23, 2012 | Leave a Comment »
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. [...]
Grey Divorce
Posted in Collaborative Practice, Divorce, Financial Support, Information Session, Mediation, Preparing for Separation, Uncategorized, tagged Couples, division of assets, divorce, divorce finances, divorce help, financial advice, Grey Divorce, Late in life divorce, money and separation, retirement and divorce, selling house and divorce, spousal support on April 10, 2012 | Leave a Comment »
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 [...]
We don’t want to go to court!!
Posted in Divorce, Finances, Information Session, Mediation, Preparing for Separation, Process, Uncategorized, tagged collaborative divorce, costly divorce, Couples, division of assets, divorce, divorce finances, Family law, fighting over money, Grey Divorce, Late in life divorce, mediator, money and separation, retirement and divorce on April 5, 2012 | 1 Comment »
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 [...]
Grey Divorce
Posted in Divorce, Finances, Financial Support, Information Session, Preparing for Separation, tagged divorce, Family law, Grey Divorce, Late in life divorce, Law, Legal Financial Mediation, Legal Information, Marriage, money and separation, Products, Relationships, retirement and divorce, Self-Help, women money & divorce on April 3, 2012 | Leave a Comment »
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, [...]
LIVE Divorce Talks… April 12th at 6:30pm
Posted in Budgeting, Collaborative Practice, Current Affairs, Divorce, Finances, Information Session, Mediation, Preparing for Separation, Process on March 12, 2012 | 1 Comment »
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, [...]
Don’t divorce your kid’s expenses
Posted in After Divorce, Budgeting, Budgets, Divorce, Finances, Kids on March 1, 2012 | Leave a Comment »
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 [...]