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I often have clients that ask, is it really necessary to get a travel consent letter? The short answer is yes. Unless you want to take the risk of having your beautifully planned trip ruined, then yes. It can be a small bothersome task to have a travel consent prepared and notarized. And, you will likely have to pay a fee to have the consent letter witnessed and notarized, but it’s a small price to…
This can be an exciting time for some kids and maybe a bit upsetting for others.  For parents that are separated, it can be an especially stressful time.  Questions come up about how much time the children should be spending with each parent or how the school holidays and PA days are going to be shared.  After- and before-school care, school supplies, and fees for extracurricular activities can add up quickly, and it can…
Are you curious what will happen to your wealth when your marriage comes to an end? In Ontario, you must share the equity that you and your spouse collected during your marriage upon separation. Simply put, each of you adds up the total value of all your assets, less your debt, on the date of separation. You also get to deduct the assets less debt that you had on the date of marriage. The more…
Nobody says at the wedding ceremony: “People have gathered together to celebrate the very special love between BRIDE and GROOM, by joining them in marriage, for approximately 3 years.” No one would hire that priest if that would be the case. Sadly, though, a lot of marriages will end in divorce sooner or later, according to data from the National Survey of Family Growth. This process comes with pain, anger and frustration in most…
One of the key assets in any marriage is the matrimonial home. It is where the spouses have lived together and often raised their family; it can be full of both good and bad memories, and for some spouses it can have an emotional value to them way out of accord with its actual monetary value. This can lead, in turn, to spouses refusing to list and sell jointly owned matrimonial homes or refusing…
When a group of relationship counselors was polled to determine what the leading cause of divorce was, 74% of them agreed that the biggest predictor was differing opinions on things like money or raising children. These are issues that have to be hammered out in a divorce, so if you struggled to get along with your spouse during marriage, divorce can turn the simmering debate into an all-out war. Assets have to be