Separation and divorce are extremely stressful life changes. But add the challenges of dividing assets and sorting out finances, and the stress level goes right though the red zone, especially for women, who often have greater financial needs when custody of...
Financial planning for divorce during lockdown The COVID-19 pandemic lockdowns have added to the stress of couples undergoing separation or divorce. And with court services limited to very urgent cases involving custody of children, options for settlement...
Robyn Thompson is featured on CHCH TV’s “Morning Live” with six key financial planning essentials for women who are going through a divorce.
Accurate record-keeping is essential Divorce proceedings are often contentious, emotionally fraught, and never easy. That’s why when going through a divorce, it’s absolutely critical to keep a cool head about your finances and property. Unfortunately, it’s here...
Four key areas to focus on to make the settlement last Once a divorce settlement is finalized, the next step is to make that settlement last. But how? What are the next steps in financial planning? Should you keep the same financial advisors and investment...
Tips for post-divorce financial planning The stress of a divorce, with its hearings over settlements and custody arrangements if there are children involved, can quickly eclipse any thoughts of financial planning for yourself. But it’s something you shouldn’t...
…but don’t let a divorce put you in the poorhouse It’s an unfortunate fact that large numbers of first marriages end in divorce, with subsequent financial difficulties for both partners. What can couples do to avoid the financial stresses in the event of a divorce...
Regaining financial independence is as easy as 1-2-3 Although it may not feel like it while it’s happening, you can achieve financial empowerment after a divorce. But you will need to take charge of your personal finances, even if you haven’t been accustomed to...
How the newly-single woman can stay financially fit Q – I am going through a divorce, and I know I need to take charge of my financial future. But I have no idea where to start. Can you help? – Marcia L., Winnipeg, Manitoba A – First of all, don’t fret! As a...