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Get my free Emergency Fund Calculator to know exactly how much YOU need - no more guessing! → https://cpamoneymentor.com/emergency-... Are you facing divorce in Canada and worried about the financial impact? As a CPA and financial planner, I've discovered that the biggest financial damage doesn't come from legal fees - it comes from preventable mistakes that cost thousands. In this video, I'll walk you through the hidden financial realities of divorce that nobody talks about in those initial lawyer meetings. From asset valuation traps to tax bombs, insurance gaps to cash flow crises - these aren't legal issues, they're money management challenges that can either protect your financial future or destroy it. Don't let financial blindspots cost you your fresh start. Timestamps: 00:00 - Why financial mistakes cost more than legal fees 03:15 - The $150K asset valuation trap 06:45 - Tax bombs that destroy "equal" settlements 09:30 - Protecting your financial future during divorce Disclaimer: This video is for educational purposes only and does not constitute personalized financial advice. Individual financial situations vary, and you should consult with a qualified financial professional before making specific financial decisions. While I am a CPA, this content represents general information and strategies that may not be suitable for everyone. Past performance does not guarantee future results. Tax laws and regulations may change, and their application can vary widely based on specific circumstances. Always verify current tax rules and seek professional advice for your particular situation.