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Peter Martin

  • Financial Specialist
  • 1924 Bonneymede Dr. Missisauga ON L5J 1E1

The trauma of divorce creates financial uncertainty and opens questions such as can I keep the house or cottage? What support is owed to me or must I pay? What will happen to my business? How will I get the kids through school? How will I retire? As a Divorce Financial Specialist, Peter can assist you to understand how you can start a new financial future bringing peace of mind. As an actuary, Peter is especially well qualified to assist in the issues of retirement – including the valuation of pensions.

A Divorce Financial Specialist can save legal fees by preparing budgets and the net family property statement for one or both parties.

Peter is collaboratively trained and prefers the non-adversarial solutions of collaborative practice, but also works with clients in mediation and litigation.  

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Common Myths about Divorce

Fact: Divorce is only one event in your life. You can choose to give up hope or you can choose to treat it as a new opportunity to improve your life.  

Fact: Regardless of who decides to end the marriage, no one is blamed monetarily.  We have what is called a “no fault” divorce. 

Fact:  You do not necessarily get half of his tools, or half of her jewellery, etc.  The value of all assets and liabilities amassed during the marriage are accounted for by each of you and the person who has more net family property than the other pays half of the difference to the other spouse.   The idea is that each person will share equally in the growth or loss from the marriage. There are certain rules applicable to certain assets, for example gifts and inheritances received during marriage are exempted from the calculation. 

Fact: It is best to negotiate in good faith rather than to take an unreasonable stand which could scuttle negotiations.

Fact: The children ought not be expected or asked to take sides or to be involved in adult issues.  They need to know that each parent loves them and that they are free to love their parent without fear of repercussions from the other parent. 

Locate a Collaborative Professional

Using the Collaborative process to resolve the issues arising from your marriage is the most respectful, sensible and cost effective way to do so.  Speak to a Collaborative professional to find out how the process works.

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Collaborative Practice Simcoe County is group of Collaborative Divorce Professionals in Simcoe County serving the Greater Barrie, Innisfil, Collingwood and Orillia areas.

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