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Divorce Mistakes in Canada

Underestimating the Cost of Divorce

It’s important to understand that a divorce can be expensive. In addition to lawyer fees, you may also be responsible for mediation costs, court costs and any other associated expenses. It is important to have a good understanding of the possible costs prior to proceeding.

Researching Without Professional Assistance

Doing your own research can be helpful, but it is not enough on its own. A professional family lawyer will be able to provide advice tailored to your unique situation and ensure that you are taking all the necessary steps for a successful outcome.

Making Hasty Decisions

It’s understandable to want a resolution quickly when going through a divorce, but this can often lead to mistakes that could have been avoided with more patient decision making. It is best practice to take your time and seek out qualified legal advice before making any irrevocable commitments.

Not Thinking Beyond the Immediate Future

A lot of people only look at their present needs during a divorce rather than considering how decisions made now might affect them in the future. The laws surrounding divorce can be complicated and an experienced family law professional can help navigate these waters while accounting for future implications along the way.

Choosing Children Over Everything Else

While putting your children first should always be a priority, it’s important not to prioritize them over your own financial stability or well-being. A family lawyer can help determine what is realistically achievable while ensuring that all parties involved are taken care of in the long run.

Waiving Rights You Aren’t Familiar With

Before signing anything have a complete understanding of what rights you are waiving or granting away as part of an agreement or settlement offer—it isn’t worth taking the risk if you don’t know exactly what you’re relinquishing control over in exchange for current gains.

Not Considering Tax Implications

When going through a divorce, it’s important to consider the tax implications of any assets or liabilities acquired. Professionals can help assess which strategies are best for you in order to minimize your overall financial obligation. It is also important to make sure that potential tax benefits and liabilities have been taken into account before signing the final agreements.

Ignoring the Emotional Impact of Divorce

It’s easy to forget that a divorce is an emotionally-charged situation. Even if you are able to remain amicable with your soon-to-be ex, it can still be difficult to process the sudden change in your life. Professional counselors can be helpful in providing emotional support and advice during this time.

Not Updating Documents and Accounts

Don’t forget to update your will, financial documents or accounts in accordance with new marital status. Many people rush through the legal process without considering these details which can have long-term impacts if not addressed properly.

Not Utilizing Benefits from Your Employer

If you are offered benefits from your employer such as health insurance plans for dependents, make sure that you take full advantage of them. This often goes overlooked but can provide much needed relief during the divorce proceedings.

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Getting Support from Experienced Professionals

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