Proposed changes to federal divorce law may better protect children caught up in divorce. Among other items, the bill aims to replace terms typical of contentious divorce, such as ‘custody’ and ‘access’ with ones aimed at more effectively identifying children’s best interests and reducing conflict between couples.
There are a range of factors that come into play when determining child and spousal support payments including the paying spouse or parent’s annual income before tax. In instances where income has the potential to vary significantly, this can pose a problem when it comes to deciding on a final amount.
There are many reasons people end their marriages. The question many engaged couples or newlyweds ask is whether they can tell if their relationship is at risk for divorce. While it is impossible to conclude with certainty whether a marriage is destined to end, there are a few warning signs Ontario couples can consider based on recent studies.
Everyone knows that marital breakdowns can come with hefty price tags. But the age of an Ontario couple and their stage in life can make a big difference in the financial impact they experience in a divorce. According to recent research, divorcing when older, such as in one's 50s or 60s, is more detrimental to finances than a breakup earlier in life.
Many couples look forward to announcing engagements and marriages, but announcing a marital breakdown is a very different matter. Finding a delicate way to inform friends, family, co-workers and even social media followers for higher-profile individuals is important in preparing for the healthiest possible divorce. Ontario couples who are divorcing or separating should consider a few tips before breaking the news publicly.
The process of ending a marriage can have many challenges, but the having the initial conversation about breaking up with a soon-to-be ex can be among the most difficult. Often, Ontario individuals and couples find the process of planning to leave a marriage more stressful than actually taking those first steps. There are some tips to help people bring up a divorce with a spouse.
Emotional challenges can often be the hardest part of ending a marriage. Like many personal issues, support from others can be helpful. In Ontario, a real estate agent who struggled during his divorce is turning his difficulty into an opportunity for others through a support group.
Ending a marriage later in life can come with many unique challenges. Among these are concerns about how the divorce will affect retirement plans and financial security. While children may be grown and homes may be paid off for older divorcees, plans for leaving work behind or moving somewhere new for retirement may be thrown off by the life change. While it may not be easy, there are some steps individuals in Ontario can take to work towards their retirement as a newly single person.
When people end a marriage, there may be some misconceptions about how the process will legally unfold. Having a strong understanding of Ontario divorce laws is important for those entering this process. Clarifying these misconceptions is a good first step.
Cyptocurrencies have created many questions for a variety of industries and transactions. There are many discussions on how Bitcoin and other cryptocurrencies can operate in practice, especially with difficult financial matters such as Ontario divorce settlements. Experts worry that the secrecy and lack of outside access innate in the cryptocurrency systems may make it easier for people to hide these assets from a soon-to-be ex, as well as making it more difficult to divide assets altogether.