Editor’s Note: This article was originally posted in 2020 on Forbes.com, and was written by an Expert Panel from Forbes Financial Council. Going through a divorce is extremely stressful. It’s a time when people can most benefit from the advice of an experienced financial advisor. Taking expert advice can help ensure all parties reach equitable settlements and have solid…

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Editor’s Note: This article was originally posted in 2019 on Institutedfa.com, and was written by Allison Alexander a CDFA at Institute for Divorce Financial Analysts. Certain events in your life are happy and planned – graduations, getting that job, having a child – and others may be sudden, unexpected and disturbing – as in the case…

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Courts are closed or operating on a limited basis, complicating efforts to end a marriage or renegotiate spousal support. 

When state and local governments announced shelter-in-place orders to slow the spread of the coronavirus, predictions that the lockdowns would force a reckoning in bad marriages and lead to a rise in the divorce rate abounded.

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“This is what we are hearing around the country,” one lawyer said. A wave of divorce filings is expected to break across the country when COVID-19 confinement ends, according to several divorce attorneys. While access to courts is now limited, “when those restrictions are lifted, I have no doubt that there will be an overwhelming number of…

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For many American families, owning a home is the key to building wealth. When divorce becomes part of the picture, all that can be turned on its head. Considering that the median value of a home in the U.S. is $247,084, and the average amount of mortgage debt a person has topped $202,000 last year, deciding how to…

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Adam Driver’s character in Marriage Story probably wouldn’t have punched a wall if he’d just gotten a prenup. “THERE’S SO MUCH I DIDN’T DO!” he screams during the emotional scene. You know, like getting a prenup. Whether it’s talking about which celebrities didn’t get one or a dramatic arc on 90 Day Fiancé, signing this contract is the big brain move among millennials these days. But these…

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According to the Social Security Administration (SSA), 96% of American workers are covered under Social Security. If you’re one of the many who are eligible to collect Social Security benefits in retirement, it’s important to understand how the system works. If you’ve been married, spousal benefits can be a significant component of Social Security. Even…

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