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Category: Separation Financials

Shared Children’s Expenses and Repayment Between Co-Parents: Insights from a Family Mediator

Shared Children’s Expenses and Repayment Between Co-Parents: Insights from a Family Mediator

As a Family Mediator, I’ve witnessed firsthand the complexities that arise when co-parents navigate their child’s special expenses and the repayment dynamics involved. Special expenses, which encompass extracurricular activities, prescriptions, dental appointments, therapy expenses, educational needs, etc., often require collaborative decision-making and financial contribution from

Separation and Divorce Financial Considerations

Separation and Divorce Financial Considerations

Separation and divorce could be the largest or second largest expense in your lifetime. Forty to fifty percent of marriages end in divorce. It’s a common problem that affects many North American families. There are more than 1.25 million divorces plus hundreds of thousands of

Life Insurance – An Important Consideration

Life Insurance – An Important Consideration

Life Insurance policies, joint or individual, term or permanent, as well as family health and dental plans, can all be impacted by separation and divorce. It’s important for couples undergoing this legal transition to understand the implications that changes to the above can have on

The Real Cost of Life After Divorce

The Real Cost of Life After Divorce

Expected: Legal fees and support payments || Life After Divorce Not expected: Duplicate items for kids in two homes (computers, clothing, etc. Loss of discounts for shared expenses such as car insurance, cell phones, etc. Two household insurance policies, two cable, electrical and gas bills, etc.