Keep Divorce Out of Court: The average contested divorce costs $15,570

Gail Vaz-Oxlade explains the financial impact of a contested divorce on the average Canadian and explains how The Common Sense Divorce can help avoid making mistakes: “One of the best ways to stay out of court is to have a good team behind you. I got involved with The Common Sense Divorce because its great dedicating to helping people going through divorce reduce the financial costs and the emotional trauma. As my partner Darren Gingras says, “We walk people from grief to relief.””

Divorce Adds New Twist To RRSP Planning

Divorce and Money

Darren Gingras is president of the Common Sense Divorce, a new private company hoping to guide Canadians through a marital breakup. “When you are in a retired position you don’t have time to recoup assets as you would do when you are 30 40,” he said. “You are setting yourself up for financial ruin if not done properly.”

Author Gail Vaz-Oxlade, who has been twice divorced and is now separated, said you have to treat a marriage breakdown as business decision. “You can’t let your emotions run away from you,” says Ms. Vaz-Oxlade, who is a minority partner in Mr. Gingras’s company. “You do that and you get steered in the wrong direction.”