Category: Grey Divorce
The “Grey Divorce” & Retirement
A growing trend in the divorce rates in Canada appears to be for middle age or older adults. Thus the term “grey divorce”.
A growing trend in the divorce rates in Canada appears to be for middle age or older adults. Thus the term “grey divorce”.
Divorce or separation can be an emotional and challenging time, and one of the most complicated aspects is dividing assets. Registered investments, such as pensions, RRSPs, and LIRAs, are often a significant part of a couple’s financial picture, and understanding how to divide them can be confusing.
So you are married or living together and one of you owns a property, and you are thinking about putting it in joint names. Tread carefully, this can be a minefield.
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