There is no doubt that it is tough to face the facts when a marriage comes to an end. Even if an Ontario couple can keep their separation and divorce amicable, there will be challenges -- both financial and emotional. Using alternative dispute resolution such as mediation may further ease the process, but certain steps in preparation might help. It will help to have a basic knowledge of the family assets, income, expenses and debts before filing for divorce.
An often forgotten task during this difficult time is updating estate plans -- including the will. t may also be necessary to refinance joint assets, open separate bank accounts and more. Setting aside an emergency fund may also prove helpful when continued access to funds may be jeopardised. If there is any reason to suspect the other spouse may get rid of valuables, it might be wise to arrange safe storage.
Keeping a journal of involvement with the children may benefit child custody negotiations. A record of attended school events, doctor's appointments and any calendar events may be helpful, along with copies of text messages, emails and other child-related communications. Avoiding social media is vital -- that includes venting about a soon-to-be ex and posts about drinking, partying and more. These are all activities that may be compromising in a divorce case.
Last but not the least, including a therapist along with an experienced Ontario family law lawyer in a support team during the separation and divorce process can be invaluable. As with the lawyer, discussions with licensed therapists are confidential and may not be used in court. Making appropriate preparations before filing a divorce petition can ease the entire process.
Source: The Huffington Post, "6 Things to Do Before Filing for Divorce", Lisa Helfend Meyer, Accessed on June 17, 2017