Ontario Family Law Podcast
40 - How to Keep Your Money in Separation and Divorce
40 - How to Keep Your Money in Separation and Divorce
Separation and divorce can be very expensive - often more expensive than necessary. When separating spouses or parents are not careful, or make big family law mistakes, they give away or spend more money than they have to - leaving less money for themselves, their children and possibly their new families.
In this episode of the Ontario Family Law Podcast, Certified Specialist in Family Law, John Schuman, gives many valuable family law tips to separating spouses and parents about how they can keep more of their money. Drawing from more than twenty years of experience as a family lawyer, trial lawyer, mediator, arbitrator and collaborative lawyer, John Schuman explains how preserve wealth through:
- using a marriage contact or cohabitation agreement to provide financial predictability and sensibility in separation
- avoiding bad Family Court decisions
- resolving matters using alternative dispute resolution (ADR) such as negotiation, mediation, arbitration and collaborative practice
- avoiding the financial horrors that can be associated with matrimonial homes
- saving on lawyer’s fees and using unbundled services
- calculating child support and spousal support appropriately
- considering measures to reduce income for support purposes
- taking steps to have your ex pay your lawyer’s fees
This podcast is an invaluable resource for people considering separation or divorce. People should listen to this podcast before living together, getting married or separating to make sure they do not give money away needlessly.
The Ontario Family Law Podcast is a companion to the book, Guide to the Basics of Ontario Family Law, which is available as a $9.99 Kindle eBook, Kobo eBook, or iBook for your iPad or iPhone and as a paperback from Amazon and better bookstores. Anyone who has to deal with issues related to child custody, child access or parenting after separation should rely on both of them for give easy-to-understand information and advice about how the law applies to their case and what are the best ways to address their concerns. The book also covers all the other related family law issues, such as child support, spousal support, property division and restraining orders. To get your copy of the book, click on the picture of the book above and to the left.
Thousands of people tune into the Ontario Family Law Podcast to get valuable pointers on family law, divorce and separation issues. Please feel free to share this podcast with your social network using the sharing buttons below. The host of the Ontario Family Law Podcast, John Schuman, is a Certified Specialist in Family Law, practicing in Toronto. if you would like to contact him, either call 416-446-5869, email us, or fill out form below and click “send.”
You can comment on this podcast using the comments section below. Share your experiences with losing money - or coming out ahead, in your separation or divorce to supplement what people learn from this important podcast.
