Navigating divorce and real estate in London Ontario with Karl Ossenkopp
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Navigating divorce and real estate in London Ontario with Karl Ossenkopp
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Have a real estate question? Click here to text me! - Phil
In this episode, London Ontario real estate agent and host Phil Bailey is joined by Karl Ossenkopp to discuss the complexities of divorce, particularly in relation to real estate transactions. Karl shares his personal experiences and professional insights as a financial planner and family mediator, emphasizing the importance of understanding finances, effective communication, and the role of professionals in navigating divorce in the London Ontario area. They explore the options available for couples when dividing assets, the impact of children on the divorce process, and the necessity of building a supportive network of professionals to facilitate a smoother transition during this challenging time.
Karl is a highly skilled Financial Planner (PFP), Advanced Accredited Chartered Financial Divorce Specialist (CFDS-AA), and Accredited Family Mediator (AccFM) with over 20 years of experience in financial planning and mortgage advising. His career began in 2003, and after six years as a Financial Advisor at a major firm in London, he founded his own corporation to provide clients with more personalized financial guidance.
Karl can be found online here: https://www.ossko.ca/
Phil Bailey is a real estate agent with HouseSigma Inc. Brokerage and host of the London, Ontario Real Estate Podcast. If you ever have real estate questions (or want to be on the podcast!), please reach out to Phil directly.
Get in touch with Phil Bailey:
📲 Call/Text: (226) 977-2348
👨💻 Website: https://www.philbailey.ca
👉 Podcast: https://www.philbailey.ca/podcast
Key Takeaways:
- Divorce is often a taboo topic, especially in real estate.
- Financial literacy is crucial in understanding divorce settlements.
- Communication is key to resolving conflicts during divorce.
- Children should not be placed in the middle of parental disputes.
- Divorce can be an opportunity for a fresh start.
- Professional support can simplify the divorce process.
- Understanding the full financial picture is essential.
- Selling the family home can provide necessary financial relief.
- It's important to surround yourself with knowledgeable professionals.
- Divorce doesn't have to be a battle; it can be a collaborative process.