Family mediation is becoming an increasingly popular option for resolving issues that can arise during the divorce process, including parenting arrangements, property division and spousal support.
On a recent episode of the Divorcing Well podcast, host Leanne Townsend was joined by family mediator Jennifer Sanders to explore the ins and outs of mediation.
According to Sanders, mediation’s popularity stems from its ability to empower couples to find mutually beneficial solutions, prioritizing well-being and future, while avoiding stressful court battles.
This voluntary process requires both parties’ consent, and contrary to popular belief, mediators don’t dictate decisions; instead, they facilitate discussions.
Mediation can work even in difficult relationships. No need for cordiality, just a commitment to participate. With mutual willingness, even the most challenging disputes can be resolved.
If you’re considering mediation for your divorce but don’t fully understand the process, tune into this episode.
Listen on Apple, Spotify or wherever you listen to your favourite podcasts.
Five essential steps to rebuild your financial foundation after divorce
Going through a divorce can be a long and challenging process, but it’s essential to prioritize your financial well-being during this time.
In a recent Townsend Family Law blog, Ore Anibaba says that one of the first steps you can take is to create a new budget that accounts for your changed financial situation.
“This could look like decreasing your weekly spending by eating out less, unsubscribing from subscriptions, or going out less,” she writes.
Finding an additional source of income can also help alleviate some of the financial burden of a divorce. This could mean starting a side hustle, picking up a part-time job, or exploring other ways to earn extra money.
Relocating to a more affordable home can also be a smart financial move, especially if you no longer share living expenses with your partner. Downsizing or moving to a lower-cost area can help you save money and build up your savings.
By taking control of your finances and making smart decisions, you can thrive after your divorce.
Check out the blog to learn more about securing your financial future.
Rising expenses contribute to falling divorce rates in Canada
The divorce rate in Canada is dropping, not because couples are more in love, but because many simply cannot afford to split up.
A report by the Vanier Institute of the Family reveals Canada’s divorce rate in 2020 — almost 43,000 divorces — hit its lowest number since 1973.
Getting a divorce is expensive. According to an article by the National Post, a 2021 survey on legal fees found the price of a contested divorce ranges from $7,500 to $25,000.
On top of the process being costly, housing prices are soaring, so splitting up and finding a new home can be expensive for a newly single person.
The article also points to another reason divorce rates are on the decline: many young people are putting off marriage in the first place because it’s too expensive to start a life outside of the family home, or because they’re helping support their family.
Highlights from Divorce Explained
Navigating summer plans after separation
The first summer after parents separate can be challenging. In this episode, we help you navigate choices around children’s summer plans and extracurricular activities.
Tips for handling kids' refusals to visit your ex
In this episode, we share tips on how to handle situations when your kids refuse visits to your ex. Tune in for practical guidance on supporting their emotional well-being
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