Family Law
5 minutes reading time

Why Choose Mediation Over Litigation When Divorcing?

Written by:
The Tabuchi Law Team
Published on:
The Tabuchi Law Team
October 16, 2023
The Tabuchi Law Team
October 16, 2023

Introduction

Divorce is a difficult and emotional experience for everyone involved. It can be especially difficult when there are children involved. If you are considering divorce, it is important to weigh the pros and cons of different dispute resolution options, such as mediation and litigation.

What is mediation?

Mediation is a process in which a neutral third party, called a mediator, helps couples to reach an agreement on their divorce issues. The mediator does not take sides or give legal advice. Instead, they provide a safe space for couples to communicate and negotiate.

What is litigation?

Litigation is a process in which couples take their divorce issues to court. A judge will hear the evidence presented by both sides and make a decision on all of the divorce issues, including child custody, child support, and property division.

Benefits of mediation

There are a number of reasons why mediation is a better option for many couples than litigation. Here are just a few:

  • Mediation is less expensive than litigation. Litigation can be very costly, especially if the divorce is contested. Mediation is a much more affordable way to resolve your divorce issues.
  • Mediation is faster than litigation. Litigation can take months or even years to complete. Mediation can be completed in just a few sessions, depending on the complexity of the issues involved.
  • Mediation is more flexible than litigation. In mediation, couples have the freedom to negotiate their own agreements. In litigation, the judge will make the decisions for them.
  • Mediation is less stressful than litigation. Litigation can be a very adversarial process. Mediation is a more collaborative process, which can help to reduce stress and conflict.
  • Mediation is more likely to result in a mutually agreeable outcome. In mediation, couples work together to reach an agreement that they are both happy with. In litigation, the judge may make a decision that neither party is happy with.

When is mediation not right?

Mediation is not right for everyone. If your divorce is highly contested or if there is a history of domestic violence, litigation may be the best option for you.

How to find a mediator

If you are considering mediation, it is important to find a qualified mediator. There are many different types of mediators, so it is important to find one who has experience in divorce mediation and who is a good fit for your situation.

You can find mediators through a variety of resources, such as your local court, a lawyer referral service, or online. Once you have found a few potential mediators, schedule a consultation with each one to see which one you feel most comfortable with.

Conclusion

Mediation can be a great way to resolve your divorce issues in a peaceful and affordable way. If you are considering divorce, I encourage you to consider mediation as an option.

Additional information

Here is some additional information about mediation that may be helpful:

  • Mediation is a voluntary process. Both parties must agree to mediate in order for the process to begin.
  • Mediation is confidential. Anything that is said during mediation cannot be used against you in court.
  • Mediation is not a guarantee of a successful outcome. However, it is a very effective way to resolve divorce issues in a peaceful and amicable way.

If you have any questions about mediation, please do not hesitate to contact us.

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Disclaimer
The information provided on this blog is intended for general knowledge and informational purposes only and does not constitute legal advice. The content on this blog is not a substitute for professional legal advice tailored to your specific circumstances. Laws and regulations are constantly changing, and the information provided on this blog may not be current or accurate. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information contained in this blog. For specific legal advice regarding your situation, we strongly recommend that you consult with our firm or another qualified legal professional. Do not rely on information found on this blog as a substitute for personalized legal advice.

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Information is power!

The Ultimate Guide to Estate Planning in Ontario
Estate Planning
5 min read

The Ultimate Guide to Estate Planning in Ontario

Why is estate planning important?

Estate planning is the process of managing your assets during your lifetime and after your death. It involves creating a plan to ensure that your assets are distributed according to your wishes and that your loved ones are taken care of after you are gone.

Estate planning is important for everyone, regardless of age, wealth, or marital status. It can help you to:

  • Avoid probate, which is a time-consuming and expensive legal process that distributes your assets after your death.
  • Protect your assets from creditors and lawsuits.
  • Ensure that your assets are distributed to your desired beneficiaries in the way that you want.
  • Minimize estate taxes.
  • Provide for your minor children and other dependents.
  • Make your wishes known for your end-of-life care.

What is probate?

Probate is the legal process of distributing a deceased person's assets. It involves proving the validity of the deceased's will and appointing an executor to carry out the wishes of the deceased.

Probate can be a complex and time-consuming process, and it can also be expensive. The probate fees charged by the courts vary from province to province, but they are typically based on the value of the deceased's estate.

How to avoid probate

There are a number of ways to avoid probate, including:

  • Living trusts: A living trust is a legal document that transfers ownership of your assets to a trustee. The trustee will manage your assets during your lifetime and distribute them to your beneficiaries after your death. Living trusts are a complex estate planning tool, so it is important to speak to an estate planning lawyer to determine if a living trust is right for you.
  • Joint ownership: Joint ownership is a type of ownership where two or more people own the same asset. When one joint owner dies, their interest in the asset automatically passes to the other joint owners. Joint ownership can be a simple and effective way to avoid probate for certain assets, such as bank accounts and real estate. However, it is important to understand the rights and responsibilities of joint ownership before transferring assets to joint ownership.
  • Beneficiary designations: Beneficiary designations allow you to specify who will receive certain assets after your death, such as insurance policies, retirement accounts, and bank accounts. Assets with beneficiary designations are not subject to probate.

Other estate planning tools

In addition to living trusts, joint ownership, and beneficiary designations, there are a number of other estate planning tools that can be used to avoid probate and protect your assets. These tools include:

  • Powers of attorney: A power of attorney is a legal document that gives another person the authority to act on your behalf. You can create a power of attorney for financial matters or for healthcare matters. A power of attorney can be helpful if you become incapacitated and are unable to manage your own affairs.
  • Guardianships: If you have minor children, you will need to appoint a guardian to care for them after your death. You can appoint a guardian in your will.
  • Wills: A will is a legal document that specifies how you want your assets to be distributed after your death. If you die without a will, your assets will be distributed according to the laws of intestacy in your province.

Benefits of estate planning

Estate planning offers a number of benefits, including:

  • Peace of mind: Knowing that your affairs are in order and that your loved ones will be taken care of after you are gone can give you peace of mind.
  • Reduced legal costs and delays: Probate can be a time-consuming and expensive process. Estate planning can help to reduce legal costs and delays by avoiding probate.
  • Asset protection: Estate planning can help to protect your assets from creditors and lawsuits.
  • Tax minimization: Estate planning can help to minimize estate taxes.
  • Family protection: Estate planning can help to ensure that your assets are distributed to your desired beneficiaries in the way that you want.
  • End-of-life care: Estate planning can help to make your wishes known for your end-of-life care.

How to get started with estate planning

The first step in estate planning is to gather your information. This includes making a list of your assets, debts, and beneficiaries. You should also think about your end-of-life care wishes.

Once you have gathered your information, you can start to create your estate plan. It is important to speak to an estate planning lawyer to get help creating an estate plan that meets your individual needs.

Hire an estate planning lawyer

An estate planning lawyer can help you to:

  • Understand your estate planning options
  • Create an estate plan that meets your individual needs
  • Review your estate plan regularly to ensure that it is up-to-date

Gather your information

Before you meet with an estate planning lawyer, it is important to gather your information. This includes making a list of your assets, debts, and beneficiaries. You should also think about your end-of-life care wishes.

Create your estate plan

Once you have gathered your information, you can start to create your estate plan. This may involve creating a will, a living trust, and other estate planning documents. It is important to work with an estate planning lawyer to create an estate plan that meets your individual needs.

Review and update your estate plan regularly

Your estate plan should be reviewed and updated regularly to ensure that it is up-to-date and that it reflects your current wishes. It is especially important to review your estate plan after major life events, such as marriage, divorce, or the birth of a child.

Example of how estate planning can avoid probate

Here is an example of how estate planning can avoid probate:

John and Mary are married and have two children. They own a home, a bank account, and a retirement account. John and Mary want to ensure that their assets pass smoothly to their children after they die.

John and Mary create a living trust and transfer their home and bank account to the trust. They also name their children as the beneficiaries of their retirement account.

John dies, and Mary inherits his interest in the living trust. After Mary dies, the assets in the living trust are distributed to their children.

Because John and Mary's assets were held in a living trust, they avoided probate. This saved their children time and money.

Conclusion

Estate planning is an important part of financial planning. It can help you to protect your assets, ensure that your wishes are carried out after you are gone, and reduce the burden on your loved ones. If you have not already done so, I encourage you to speak to an estate planning lawyer to get started with your estate plan.

Ontario Estate Planning: Understanding Non-Probate Assets
5 min read

Ontario Estate Planning: Understanding Non-Probate Assets

When a person dies without a will, their assets are distributed according to Ontario's intestacy rules. However, certain assets, such as jointly owned property and life insurance policies with named beneficiaries, are excluded from intestacy distribution. Understanding these exclusions is important for estate planning.