In this episode of Untying Your Knot, Divorce Coach Lisa Gu and Mediator Colette Fortin discuss the complexities of co-parenting during and after divorce. They explore the emotional challenges faced by parents and children, effective strategies for maintaining a healthy co-parenting relationship, and the importance of communication and planning. The conversation emphasizes prioritizing children's well-being, managing high-conflict situations, and creating a supportive environment for children to thrive despite the changes in their family dynamics.

In this conversation, Lisa Gu and Colette Fortin focus on parenting time, custody arrangements, and the emotional challenges involved. They emphasize the importance of communication, practice runs for shared parenting, and the need for emotional intelligence in modelling behaviour for children. The discussion also covers the transition into new relationships and step-parenting, as well as strategies for handling holidays and family traditions in a way that prioritizes children's well-being.

Want to learn more about mediation? Connect with Collette and her team:

📞 (226) 705-1056

🌐https://fairwaydivorce.com/lp/waterloo-wellington/fairway/

Chapters

00:00 Understanding Emotional Dynamics in Divorce

05:58 Effective Co-Parenting Strategies

08:52 Communication Plans for Co-Parents

12:41 Prioritizing Children's Well-Being

15:30 Managing High-Conflict Situations

18:58 Creating a Supportive Co-Parenting Environment

22:54 Balancing Discipline and Routines

26:03 Navigating Competition and Time Sharing

29:04 Navigating Parenting Time and Custody Arrangements

37:57 Transitioning into New Relationships and Step-Parenting

44:39 Handling Holidays and Family Traditions During and Post-Divorce

50:10 Long-Term Perspectives on Co-Parenting and Child Well-Being

Two years ago, I transferred the title and mortgage of my matrimonial home into my name. Even with a temporary six-month bridge loan as we were finalizing our separation agreement, I was hit with an early mortgage termination fee of over $2,000.

I tried negotiating with my lender—one of Canada’s major banks—but they wouldn’t budge. And on top of that, I faced an additional $1,000+ in legal fees just to complete the title and mortgage transfer. 💸

Oh, did I mention how much mortgage penalty we had to pay when we sold our investment property? 💸💸💸💸

To help you avoid my costly mistakes, I invited Mortgage Agent Richard Castillo to discuss everything you need to know about navigating mortgage decisions during or post-divorce.

In this episode, we covered:

• The implications of recent interest rate changes in Canada and how they affect mortgage options, especially for those going through a divorce.
• Challenges unique to post-divorce borrowers, including qualifying for mortgages on a single income and the financial nuances of transferring home ownership.
• Why understanding different lending institutions matters and the key factors to weigh when choosing a mortgage.

Curious about how to turn a “no” into a “yes” for your mortgage approval? Don’t miss Episode 8 of Untying the Knot.
Richard Castillo
519-781-7424
https://dlcteam.ca/
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Chapters
00:00 Understanding Mortgage Options During Divorce
04:46 Navigating Interest Rates and Market Conditions
09:54 Choosing the Right Lending Institution
14:58 The Importance of Flexibility in Mortgages
20:07 Understanding Mortgage Penalties
24:52 Qualifying for Mortgages Post-Divorce
29:54 Transferring the Matrimonial Home
34:56 Planning for Future Home Purchases