Tag Archives: Property Issues

Learn How to Keep Your Composure with Financial Disclosure

< img src=women.png alt= Stack of financial recordersWhat is Financial Disclosure? Are contemplating a separation or divorce? One of the most important procedural steps you can anticipate is the exchange of full and frank financial disclosure. Family law legislation requires both parties to have sworn financial statements including supporting documentation. The forms needed for this process depend on whether the resolution of issues includes both property and support considerations, … Continue Reading

Cats and Dogs and Family Law

I love our family dogs, Becky and Ryder.  My husband loves Ryder and Becky, too! I love my daughter’s cat, Enoki. In fact, my husband loves Enoki, too! Are dogs and cats just property? No, they are not. In Ontario, there is case law to say that dogs in particular have “feelings, are capable of … Continue Reading

Living Together: 5 considerations to protect yourself

In Ontario you are usually considered common-law if you’ve lived together for 3 years or as soon as you have a child together. In most Federal laws, a common-law relationship is recognized after 1 year.  If you fall into this category – read on! If you have a child together, and later separate, the same … Continue Reading

The “Roll” of RRSP’s in Your Separation and Divorce

Registered Retirement Savings Plans are the main savings vehicle for many Canadians, especially those who don’t have a pension through their employment. As a result, upon separation and divorce, RRSP’s are part of the property settlement.  Our guest blog this week is  by Sandra Ramos, a well known financial advisor in Barrie, Ontario.  She has great … Continue Reading

Divorce and Financial Planning

Sandra Ramos is a financial planner who has helped many clients who are going through a divorce make good financial decisions about their future. Sandra graciously agreed to offer a guest blog with her insights. Here it is.  Following any marriage breakdown there is a time of emotional healing, but there is also a need for … Continue Reading

Forensic Accounting and Divorce

The role of a Forensic Accountant in a divorce is not well known. Erin Palmer offers great insights into this valuable professional who can help uncover hidden assets or income of a deceptive spouse. Here is Erin’s blog:  All’s Fair in Love and War, Except in Divorce – That’s What Forensic Accountants Are For You … Continue Reading

Divorce and Debt: Tips to Get Out of Debt

Sophie Kinsella wrote an interesting blog about dealing with debt after divorce. Although the Oak View Law Group is not Canadian,it is  found in many of the states of the US, her comments ring true in Ontario too. It just makes good sense. Thanks Sophie.   Here’s is her blog…   Tips to follow in … Continue Reading

New Pension Legislation in Ontario Effective January 1, 2012

Matthew Krofchuk has written a excellent blog at Divorce Happens Blog regarding the changes to the pension division legislation in Ontario which came into affect January 1, 2012. Matthew is with Krofchick Valuation so knows his stuff.  The biggest impact of the new legislation is that you can now divided Ontario pensions at source if you … Continue Reading

Why Do I Need To Do A Sworn Financial Statement?

Everyone hates having to do a sworn financial statement. This is a court form used in Ontario to list your assets, debts, income and expenses.  It is long, cumbersome and, frankly, a pain to complete. If your case is in Court in Ontario, you must complete the form. The Rules require you to complete it … Continue Reading

Division and Equalization of Property in Barrie Ontario

The division of property after separation raises many questions: How is it divided? Do we have to sell the house? Do I have to share my pension? What about my inheritance?  The uncertainty leads to many sleepless nights. Everyone fears they will end up with nothing. The classic country song by Jerry Reid comes to … Continue Reading
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