If you can't agree on splitting assets, mediation or arbitration can help resolve disputes. If these methods fail, the court will make a decision based on the Divorce Act. Working with a Divorce Mediator or [...]

Retirement accounts, including pensions and RRSPs, are considered matrimonial assets and are divided based on their value accrued during the marriage. This can involve direct transfers or offsetting with other assets. Consulting with a Certified [...]

Mediation is not required but is strongly recommended. It helps spouses reach a mutually agreeable settlement without court intervention. A Divorce Mediator or Certified Divorce Financial Analyst can facilitate mediation sessions, making the process smoother [...]

Tax implications can include capital gains tax on the sale of properties, transfer taxes, and potential tax liabilities on divided assets like investments and pensions. Consulting with a Certified Divorce Financial Analyst can help you [...]

No, selling the family home is not always necessary. Alternatives include one spouse buying out the other's share or agreeing to retain joint ownership until a later date. A Divorce Mediator or Certified Divorce Financial [...]

Valuing assets involves assessing the current market value of properties, investments, pensions, and other marital assets. Professional appraisals may be required for accurate valuations. A Certified Divorce Financial Analyst can provide expertise in valuing complex [...]

The court gets involved if the spouses cannot reach an agreement on asset division. The court will then decide based on the principles outlined in the Divorce Act. To avoid court, it's advisable to seek [...]

| Documents needed include financial statements, property deeds, mortgage statements, investment accounts, pension details, and debt records. Accurate documentation helps ensure a fair division of assets. A Certified Divorce Financial Analyst can assist in gathering [...]

Yes, splitting assets amicably is possible and often preferable. This can be achieved through mediation, where both parties work together to agree on the division of assets. A Divorce Mediator or Certified Divorce Financial Analyst [...]

Yes, a separation agreement is highly recommended as it outlines the division of assets and other terms agreed upon by both parties. It can prevent future disputes and is legally binding once signed. Consulting a [...]