Spending tens of thousands of dollars (or more!) on your divorce feels like intentionally setting fire to your life savings. No one wants to do that. … hence the allure of the cheap divorce! “Get a divorce without lawyers.” “You can get divorced for just $499.” “Cheap Divorce: Cheap, Easy and … Read more about 3 Reasons a Cheap Divorce Can Be Your Most Expensive Mistake
divorce financial planning
Everything You Need to Know About Your Divorce Decree BEFORE You Sign It!
If you're going through a divorce, you know you need a divorce decree. You know it's an important document. But there are so many documents involved in divorce. You may not be entirely sure what a divorce decree is, or what should be in it. Yet, because your divorce decree IS so important, it's … Read more about Everything You Need to Know About Your Divorce Decree BEFORE You Sign It!
How Much Does a Divorce Cost? … It Depends!
Ask any lawyer, “How much does a divorce cost?” and the answer you will inevitably hear is: “It depends!” It depends on how long your divorce takes. It depends on which divorce process you use. Most of all, it depends on how much you and your spouse fight. The truth is, a LOT of things … Read more about How Much Does a Divorce Cost? … It Depends!
64 Simple Ways to Save Money After Divorce
Let’s face it: After you’ve been through a divorce, money is tight! Not only do you have to live on less income, but, if you're like most people, your expenses probably went up too! On top of that, you probably have lawyers' bills, refinancing costs, and other divorce expenses to pay. Now more than … Read more about 64 Simple Ways to Save Money After Divorce
10 Financial Mistakes in Divorce You Don’t Want to Make
The two things that people worry about most in divorce are their money and their kids. Unfortunately, worrying about money doesn’t prevent those same people from making enormous financial mistakes in divorce. Here are a list of the top financial mistakes people make in divorce. Once you know … Read more about 10 Financial Mistakes in Divorce You Don’t Want to Make
Divorce and Taxes: Will the New Tax Law Changes Cost You More?
Two things most sane people seek to avoid are divorce and taxes. Unfortunately, when you’re going through a divorce, not paying attention to taxes can cost you thousands. That's especially true with the new tax law changes going into effect this year and next. Now more than ever, not understanding … Read more about Divorce and Taxes: Will the New Tax Law Changes Cost You More?
The Alimony Tax Deduction: Will 2018 Be the Best Year to Divorce?
If you’re going to get divorced, it usually doesn’t matter too much when you do it. Unless your business is on the verge of going public, or you’re about to inherit a million dollars, the timing of your divorce is generally not a big deal. But now that Congress has changed the alimony tax deduction, … Read more about The Alimony Tax Deduction: Will 2018 Be the Best Year to Divorce?
8 Ways Divorce Financial Planning Can Help You Avoid Costly Mistakes
When you’re going through a divorce, hiring a divorce financial planner seems like one more expense you honestly don’t need. If you’re like most people, you probably assume that you have enough common sense to figure out your finances yourself. With your divorce expenses mounting, divorce financial … Read more about 8 Ways Divorce Financial Planning Can Help You Avoid Costly Mistakes
My Divorce is Final, Now What?!! Your Post-Divorce Checklist
The papers have been signed. The judgment has been entered. Your divorce is final. Now what? Your Divorce May be Final, But You’re Not Done! Going through a divorce is exhausting on every level. The day your divorce is finally over, you just want to put it behind you. That’s … Read more about My Divorce is Final, Now What?!! Your Post-Divorce Checklist
When is it Time to Divorce? 18 Questions to Help You Decide
There’s never a good time to do certain things. Like get a root canal. Or, discover you have a brain tumor. Or get a divorce. But, when you know deep inside that your marriage is in serious trouble, and you can’t remember the last time you were happy, it’s natural to wonder whether it may be time to … Read more about When is it Time to Divorce? 18 Questions to Help You Decide
Divorce and Health Insurance: Does COBRA Make Sense For You?
Divorce and health insurance rank at the top of list of complicated and painful things you would rather not think about. That’s not surprising. Getting divorced is like having a hurricane drop into your life. Suddenly, everything in your world is whirling around you and you don’t know what to do … Read more about Divorce and Health Insurance: Does COBRA Make Sense For You?
Tips for Surviving a Divorce After 50
How do you feel when you’ve crossed the mid-line of life and find yourself facing something you never dreamed you would face at this age: divorce? If you have been unhappy in your marriage for years, and can’t imagine facing your spouse 24/7 when you retire, you may feel strangely excited at the … Read more about Tips for Surviving a Divorce After 50
How to Decide Who Gets the House in a Divorce
You are facing divorce and the only two assets you and your spouse have got that are worth anything are your house and your retirement accounts. You could keep the house and give your spouse the retirement accounts, or vice versa. But you are not sure which is best. How do you decide who gets the … Read more about How to Decide Who Gets the House in a Divorce
Divorce and Money: 8 Tips to Keep Your Ex From Hurting You Financially in Divorce
One of the scariest parts of getting divorced is wondering whether your ex is going to take you to the cleaners. Sadly, when it comes to divorce and money, there are no guarantees. We all know people who have been left financially devastated by an ex who seemed to be hell-bent on destroying them. … Read more about Divorce and Money: 8 Tips to Keep Your Ex From Hurting You Financially in Divorce
The 5 Most Important Things to Know About Health Insurance After Divorce
I was totally blown away. Being a well-educated, professional person who has been part of the “divorce industry” for decades I thought I was pretty savvy about most things having to do with divorce. So, when I sat down to write an article about health insurance after divorce, I thought it would be … Read more about The 5 Most Important Things to Know About Health Insurance After Divorce
Why Knowing Your Family Finances is Important in Marriage
While people divorce for many reasons, two key factors that cause marriages to fail are lack of communication and money. Surprisingly, a recent study found that, even though 72% of married couples believed that they communicated well, and an even higher percentage believed they could talk to their … Read more about Why Knowing Your Family Finances is Important in Marriage
How Not Understanding Taxes in Your Divorce Can Cost You Thousands
Talking about the tax implications of a divorce settlement is not exactly the stuff of a light-hearted cocktail conversation. If you are like most people, you probably figure that you have as much of a chance of understanding taxes in your divorce as you do of mastering discreet math. Yet, not … Read more about How Not Understanding Taxes in Your Divorce Can Cost You Thousands
How Do I Know if I Can Afford to Get Divorced? The Art and Science of How to Make a Budget
When thoughts of divorce first enter your mind, they are usually followed pretty quickly by thoughts of money. After all, getting divorced is expensive. What’s more, its normal to be worried about how you are going to survive after the divorce is over. In order to figure out whether you are going … Read more about How Do I Know if I Can Afford to Get Divorced? The Art and Science of How to Make a Budget
5 Steps to Take if You Think Your Spouse is Hiding Assets
I recently read an article about a divorcing man who converted his life savings into gold and then threw it away in the trash, just so that his wife couldn't get it. Or, I should say, he "allegedly" threw it away. He says he threw it away ... but no one saw him throw it away and he has no proof that … Read more about 5 Steps to Take if You Think Your Spouse is Hiding Assets
Permanent Maintenance? Better Have a Plan B!
Bloomberg News recently ran an article about a former Wall Street portfolio manager who has been jailed so many times for failing to pay alimony that he now wears a nicotine patch and scrawls important phone numbers on his arm in permanent ink before he goes to his family court hearings. … Read more about Permanent Maintenance? Better Have a Plan B!