Posts Tagged ‘finance’
Top Ten Financial Errors in Divorce
Editor’s Note: This article was originally posted on July 6, 2018, on institutedfa.com, and was written by Justin Reckers, CFP®, CDFA®. Without exception, our clients want to move on with their lives as quickly as possible after they complete the financial negotiations of their divorce. Moving on includes taking control of their own finances. We regularly engage…
Read More12 Financial Factors To Remember When Settling A Divorce
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…
Read MoreAre you Ready for the Unexpected?
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…
Read MoreDivorce Advice for Women: What Every Woman Needs to Know
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.
Read MoreBecoming Financially Literate Before, During, and After a Divorce
Editor’s Note: This article was originally posted on April 6, 2020 by DivorceTownUSA, and written by Brenda Dozier, CDFA, PhD, RICP. Perhaps this comes at the right time if you are contemplating a divorce, or in the process of one. Or maybe you have recently gotten a divorce and wish you had focused more on…
Read MoreThe Pandemic Has Slowed the Divorce Process. Here’s What to Expect.
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.
Read MoreSurge in divorces anticipated in wake of COVID-19 quarantine
“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…
Read MoreWomen And Divorce: Strategies To Secure The Present And Protect The Future
Editor’s Note: This article is from “Speaking From Experience,” an occasional series from RBC Wealth Management—U.S. featuring advisors who discuss how a unique financial or personal situation they’ve experienced impacts how they advise clients. So much of what we do as financial advisors involves families in that we plan together with a family to grow…
Read MoreFamily Home & Divorce
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…
Read MorePrenups Rule, Divorce Drools: How Millennials Are Killing The Marriage Game
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…
Read More