In this episode of the Millennial Money Canada podcast, host Guillaume Girard speaks with family lawyer Chantal Cattermole about her journey into family law, the emotional and financial challenges clients face, and the importance of proactive planning for families and business owners. They discuss the role of prenups, generational perspectives on financial planning, and the divorce process, including the four buckets of divorce: division of property, spousal support, parenting time, and child support. Chantal emphasizes the need for open communication in relationships and the potential for graceful separations.

Topics Covered in this Episode:

00:00 Chantal's Journey to Family Law

05:26 Understanding Client Needs and Roles

08:10 Navigating Emotional and Financial Challenges

11:08 Proactive Planning for Relationships

13:43 Prenups and Legal Considerations

19:35 Generational Perspectives on Prenups

22:32 Drafting Effective Prenups

25:18 Revisiting Agreements Over Time

27:08 Business Ownership and Asset Protection

29:18 Divorce After Long-Term Marriage

29:56 Understanding Long-Term Relationship Breakups

33:26 The Divorce Process Explained

40:46 Navigating the Four Buckets of Divorce

51:41 Divorcing Gracefully: A New Perspective

Work with Cozen O'Connor

Website: https://www.cozen.com/

Work with Millen Wealth Advisors

Book an intro meeting: https://www.mwadvisors.ca/

Self-paced tax and investing course for business owners: https://courses.mwadvisors.ca/

Follow Sam and Guillaume on Social Media

Podcast YouTube Channel: https://www.youtube.com/@MillennialMoneyCanadaPodcast

TikTok: https://www.tiktok.com/@millennialmoneycanada?lang=en

Instagram: https://www.instagram.com/financialplannergui/

Guillaume LinkedIn: https://www.linkedin.com/in/guillaume-girard-cfa-cfp-08487170/

Sam LinkedIn: https://www.linkedin.com/in/sam-lichtman/

Keywords

Family law, divorce, financial planning, prenups, emotional support, asset division, mediation, spousal support, generational perspectives, proactive planning