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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If anything happens to you, your family has someone to consult. Provided by Barbara Bell AIF, CDFA If you weren’t around, what would happen to your investments? In many families, one person handles investment decisions, and spouses or children have little comprehension of what happens each week, month, or year with a portfolio. In an…

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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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The rules are murky, so here are questions to answer… As a Certified Financial Divorce Analyst, I’ve spent my career counseling couples and individuals going through the divorce process. And since the 2015 Supreme Court ruling repealing the Defense of Marriage Act (DOMA) and permitting same-sex marriages across the country, I’ve worked with many same-sex…

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Al and Tipper Gore could be the poster children for one reason why divorce for those 50 and up is on the rise. There are many other factors at play, and several financial considerations to keep in mind, too. Till death do us part? Not so much. In the past 25 years, the divorce rate…

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