Divorce: splitting your assets means rethinking retirement plan
When couples divorce, the law says their assets are divided 50/50.
So what does that mean for retirement plans? A complete rethink, say financial experts.
Certified divorce financial analyst Eva Sachs urges couples to get financial planning help before they divorce. Don’t wait until after a separation agreement to discover the hidden costs you may face down the road.
She works alongside a family lawyer who does mediation work in her Toronto-area firm Mutual Solutions. Sachs says she sees a growing number of divorcing couples who can put their animosity on hold long enough to divide up the finances in a way that leaves them both with a future…
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