What Is Financial Disclosure During Divorce? Mediation Burlington, Oakville
- Divorce is Simple
- Jun 24
- 2 min read
At Divorce is Simple, we believe that a respectful, cost-effective divorce begins with clarity. That’s why financial disclosure is the very first step in our process — and one of the most important. If you’re considering divorce mediation in Burlington, Oakville, or anywhere across Ontario, understanding financial disclosure will help you feel more prepared, empowered, and informed.
What Is Financial Disclosure?
Financial disclosure is the process of gathering and sharing detailed information about your financial situation with your spouse. This includes:
Assets: such as real estate, bank accounts, pensions, investments, and vehicles
Liabilities: such as credit card debt, lines of credit, mortgages, and loans
Income: from employment, self-employment, rental properties, or other sources
Expenses: including household costs, childcare, and personal spending
In Canadian family law mediation, financial disclosure is essential for creating a fair and balanced separation agreement. It provides a transparent picture of your financial life together — and forms the foundation for decisions around property division, child and spousal support, and future planning.
Why It Matters
At Divorce is Simple, we often say that financial disclosure is about setting the stage for success. Without full and honest disclosure, the mediation process can become tense, imbalanced, or legally problematic.
Here’s why it matters:
Promotes fairness: Both parties deserve to make informed decisions based on accurate information.
Reduces conflict: Clear documentation helps minimize suspicion, confusion, or resentment.
Supports legal validity: Courts may not uphold an agreement if disclosure was incomplete or inaccurate.
Saves time and money: Resolving misunderstandings early prevents unnecessary delays or disputes.
Our Approach
When you begin the process with Divorce is Simple, you’ll work one-on-one with a Certified Divorce Financial Analyst (CDFA). This specialist will guide you through organizing your documents, answering questions, and making sure your financial picture is complete and accurate.
This isn’t just about forms — it’s about creating peace of mind. Our team takes a compassionate, professional approach to make sure you feel supported every step of the way.
What Happens After?
Once financial disclosure is complete, we move into the next phase: divorce mediation. Guided by an experienced mediator, you and your spouse will work together to resolve key issues like parenting time, support, and property division. Your agreement will then be formalized into a custom separation agreement, followed by Independent Legal Advice (ILA) and — if you choose — a Divorce Decree.
Ready to Begin?
We’re proud to provide family law mediation services in Burlington, Oakville, and across Ontario — both in-person and online. Our step-by-step process is designed to reduce stress, protect your interests, and help you move forward with clarity and confidence.
Special Offer
Sign up before the end of August 2025 and get 100% off your Divorce Decree with Package 2, or 50% off with Package 1. That’s up to $1,500 in savings.
Let’s make divorce simpler — and start with what matters most: honesty, clarity, and support.
