Questions for Your Financial Advisor
Here are a few suggestions on what you should be asking your financial advisor or banker when going through a separation. • Can you provide us with a list of accounts (joint and individual) we have, both assets and liabilities?• Can you help us determine the tax implications of dividing our assets and how it will […]
Mediation versus Litigation
Mediation or Litigation, what is best for me? This article summarizes the differences between these two options and hopefully it will help you make a decision on what is best for your situation. Overview of Family Mediation: Divorce Mediation is a confidential process, guided by a neutral third party, who assists separating couples work […]
Divorce Mediator Near Me
“Divorce mediator near me” is a common query for a Google search when a couple is going through a separation and are wanting you to find out more about divorce mediation. The phrase does not mean what it once did as many divorce mediators are serving clients online. Positive Solutions Divorce Service® has had online […]
Financial Disclosure
What is financial disclosure and why is it important? Financial Disclosure means that you and your spouse provide accurate financial information to each other to ensure that you both have the information you need to make important financial decisions. Providing complete disclosure of all assets and liabilities as of your date of separation will help […]
Divorce Day
Although it is not official, the first business day of the year is often referred to as Divorce Day. At Positive Solutions Divorce Services®, we notice a higher number of people making inquiries about leaving their partners on this day. Interestingly, there is also a known increase in Google searches on divorce on this day. […]
Ending a Marriage
It can be Messy… Ending a marriage is something that you likely had not planned on and you are usually left unprepared for what lies ahead. A marriage break-up is an emotionally difficult time as it marks the end of a relationship that once held so much promise that represents a significant chapter in one’s […]
Child Support in Ontario
How is Child Support Calculated? In Ontario, child support is calculated using the Federal Child Support Guidelines. These Guidelines provide a formula for determining the amount of child support that should be paid, based on the paying parent’s income and the number of children. The first step in calculating child support is to determine the […]
Divorce Mediation: Seven Important Benefits
Divorce mediation is a process in which a neutral third party, known as a mediator, helps separating couples reach agreements on various issues related to their divorce, such as division of assets and custody of children. Here are some of the potential benefits of divorce mediation: Reduces Cost: The court process is expensive. Once you […]
Spousal Support – How is it Calculated?
Spousal support is a payment made by one spouse to the other spouse after the dissolution of a marriage. It’s purpose is to help the recipient spouse maintain a similar standard of living after the divorce, particularly if they were financially dependent on the other spouse during the marriage. Spousal support is based on the […]
