Many people know that splitting from a spouse or long-term partner can be a financial strain, but what exactly are the issues that can arise in these cases? It's a good idea for Ontario individuals and couples to consider financial issues related to separation and divorce prior to making the choice to end a marriage. This preparation can eliminate some of the difficult surprises later on when it comes to assets and money.
When two parents split up, issues of child support and custody are often top of mind. But what happens once the child graduates high school and heads off to College or University? Future tuition fees for shared children are often left out of separation agreements in Ontario. Left unresolved, this issue can lead to conflict years or even decades after a divorce is finalized.
Separation and divorce can come with a host of challenges, especially for couples who have children. Ontario parents should take care to understand the emotional difficulties their children might face with the family shift. While issues such as child custody and child support are dealt with through family law, helping children cope is often a matter that families must broach at home. Here are some tips to do just that.
No couple gets married thinking with the intention of divorcing, but statistics show that many of those who walk down the aisle will not stay married. Divorce can be a difficult process for people, from managing Ontario family law issues to recovering emotionally and financially. Here are a few tips for those looking to adjust to being single again.