44. Can You Be Better Off Financially If You Divorce?
Can You Be Better Off Financially If You Divorce?
People assume that they will be financially ruined by their separation and divorce. In this episode of the Ontario Family Law Podcast, Certified Specialist, John Schuman, explains why that is not always the case. This episode explains important Family Law financial issues, such as child support, spousal support/alimony, property division and the impact of shared parenting situations. It goes over the often misunderstood financial impact that they can have on separation. Those misunderstandings often lead people to assume that a divorce will ruin them financially. This episode explains why that is not necessarily the case and in what situations a separated spouse an actually be better off financially. This episode also has legal tips to help make the best decisions for starting a new life. To avoid common Family Law mistakes, it is important to make informed decisions to protect yourself and your kids. This episode provides a wealth of information to help with those decisions.
Share your experiences with losing money – or coming out ahead, in your separation or divorce to supplement what people learn from this important page.