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Collaborative Divorce Alberta Blog

Divorce Help

05/01/20

Budgets – got one?

No matter where you are in your life, whether you are going through a divorce or not, a budget matters.  Everything you do in finance, personal or business, comes down to a well planned budget.  The word “budget” is like the B-word no one wants to use but it’s an inevitable part of being a grown up.  It’s a word that evokes the feelings of despair, fear, stress, the thought of not getting out of bed…you get the idea.  I’m here to say the simple word is very simple in it’s task and it will replace those negative feelings with positive ones.  Think: control, empowerment, bliss, heel-clicking whoo hoo’s!  Yes, you can do it and I’m here to help you. First, you will need to get your statements together (bank statements, credit card statements, lines of credit statements, etc.) that capture your monthly spending habits.   Then you will add up your expenditures from each statement for each category on my Budget Planner. When you add up all of your expenses, does it equal or exceed your income? If so, you need to whittle down your amounts in the variable expenses categories.  Don’t forget to include a savings category whether it’s...

06/25/19
Posted by:
Deanna Koebernick B.Sc.Ag, LLB., Q.Med

Podcast: An in-depth discussion about Collaborative Practice

In early June 2019, I had the pleasure of joining Catherine Potter on her podcast, “You – The Universe, The Holistic Mind”, to discuss the concepts of Collaborative Practice.  We discussed the basic principles of Collaborative Practice, how it is beneficial and what it offers couples that are working through a divorce with a team of Professionals consisting of divorce lawyers, financial professionals and mental health professionals & coaches. Click play to enjoy the 1-hour podcast interview below.



06/08/19
Posted by:
Holly Brady CFP, CDFA

Are you a divorce “DIYer”?

When it comes to taking care of your finances, are you a Do-It-Yourself-er?  Do you like to buy/sell your own investments, search for the lowest insurance rates, complete your own tax return? There are many people who feel they can save money by overseeing their own finances. And if they are considering a divorce or separation, they may feel they can handle that on their own, too. There are rules and laws in place when it come to dividing marital property in Alberta. Trying to figure this out is not something you should do on your own.  You will need...



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