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Child and Spousal Support-Common Law Relationships - Click To Read Article
Children of parents living in a common law relationship have the same rights to support from their parents as the children of married couples. The amount of support is set under the Child Support Guidelines, and only the payor’s income is used to determine payment. As part of a support order for you or your child, you may also ask to stay in the home you shared when you lived together. This is different than for married couples who automatically have an equal right to stay in the home.

Women and Financial Security - Click To Read Article
Studies show women are actually more worried about financial security in retirement than men. Whether you are married, divorced, single, young or old, as a modern woman, there are compelling reasons why you should take your financial future seriously and if you haven't already done so, perhaps it is time to think about it now. Why are women more financially vulnerable?

Women and Men are Different: Financially Speaking
- Click To Read Article
Men and women think differently, especially about money. Although both men and women are concerned about security; many women think about what money represents, where men tend to think of what money can buy. There is no right or wrong, we just think differently. Money has no gender, anyone, man or woman can earn, spend, save or invest it. The results of a survey of 1,000 spouses conducted for Money Magazine, found men and women had dramatically different ideas about who does what with the family finances and what is important to their partners. 27% of men believe their wives think having the right investments is very important. Yet nearly half of the women surveyed say it is important. 45% of men say that having cash for emergencies is very important to their spouse, when in reality 67% of women believe it's crucial.

Will You Outlive Your Savings?
- Click To Read Article
A significant number of Canadians are worried they will run out of money during their retirement, according to a poll conducted for Investors Group. The poll showed 62% of non-retired respondents had some level of concern about possibly outliving their savings, with 30% saying they were "very" or "extremely" concerned. When it comes to planning for their retirement, 29% said they had no idea whatsoever how they wanted to spend their time, making it impossible to plan.

Market Perspective
- Click To Read Article
September was a long and volatile month in the financial services industry and markets are taking most investors on a wild and sometimes frightening ride. The news about corporate failures and bailouts is confusing and the economic news is disheartening. That said, I wanted to remind you that we have a financial plan in place that assumed we'd hit rough patches like this eventually. People react emotionally to money and volatility, and this fact is not new.

Cohabitation Agreements
- Click To Read Article
In Canada, there remains a great deal of misunderstanding about the rights and responsibilities of common-law couples. There are no statutory property rights for common-law couples regardless of how long they have cohabited. There is a presumption that each person keeps the property that is in his or her name and property that was acquired jointly is divided in accordance with contributions to its acquisition. For this reason, division of property can become long and expensive arguments.

Financial Tips for Women Entrepreneurs
- Click To Read Article
As women we tend to want to make sure every-one else is taken care of before we think of ourselves. It is time to look after your most important asset, you!. You aren’t much good to the people you value in your life if you are stressed over money or you and your spouse are fighting over who spends what. Here are some tips to help you take control of your financial future.

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About the Author


Sharon Alderson
(Visit Sharon's Website)
Sharon has over 25 yrs experience in the financial services industry. She holds the Certified Financial Planner (CFP) and the Financial Divorce Specialist (FDS) designations. Sharon is a member of the Academy of Financial Divorce Specialists and has completed training to help divorcing couples reach a negotiated settlement around financial issues. Sharon is instrumental in helping and supporting her clients to gain clarity and direction. She works with women experiencing transition in their life, whether from job loss, the loss of a life partner, or a relationship through separation or divorce. Sharon provides education and guidance and takes the time to get a clear understanding of her clients’ goals. She makes a difference in people’s lives by designing a Financial Plan which includes all aspects of Financial Planning including building wealth, protecting clients and their families against illness and death, cash flow, retirement and tax planning. She has always put her clients’ needs above her own with encouragement and support no matter what obstacles life throws in their way. She has helped many families achieve a comfort level in their financial lives, knowing she is looking out for their best interest. Sharon is also an experienced speaker on topics relating to women such as “Insights to Financial Transitions”, “Worry or Wealth”, “Financially Planning Your Divorce” and more.
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