Pensions and retirement savings are a big part of a financial settlement in a divorce or separation, especially later in life when decades of savings are involved. For many people divorcing after many years, the biggest financial asset is often not the house, but retirement savings. Workplace pensions, RRSPs, and government benefits may represent the…
Splitting assets when your marriage ends is one of the most stressful and difficult parts of divorce. If you’re facing separation in Ontario, you’re probably wondering what happens to everything you’ve built together—not just your house, but your retirement savings, pensions, and other financial assets. Here’s a guide to how things work in Ontario. Equalization…
When you think of “divorce”, what comes to mind? I conducted an unscientific and informal poll which asked that very question. I noticed many responses were along the lines of “lawyers”, “expensive”, “stressful” and “financially debilitating”. It doesn’t have to be this way. While taking steps to separate two lives that may include children and…
Check out the PDF of this article by, Carolyn J. Chambers, for the Summer-Fall 2018 DFA Journal here: Accurate disclosure protects your share. Our Property Division lawyers can review your financial statement before it is filed. Related Posts:
