Posts Tagged ‘getting divorced’
Top Ten Divorce Terms to Know
Editor’s Note: This article was originally posted in 2018 on Institutedfa.com. One of the many things that makes divorce such a complicated and notoriously confusing business is the array of new terms, acronyms, and phrases tossed around throughout the process. Divorce has its own language, and it is important to be able to talk the…
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 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 MoreWhy Women Should Rethink Their Finances after Divorce
Your budget is likely to take a big hit when your marriage ends. Getting a divorce stands to be as budget-breaking as it is heart-wrenching, especially for women. “The dynamic is changing a little as more women are staying in the workforce and continuing and accelerating their careers, but typically, divorce hits women harder than men,”…
Read More10 Ways to Prevent a Divorce from Ruining Your Finances
Here’s how to protect your money when your marriage is falling apart. Brad Pitt and Angelina Jolie aren’t the only people getting a divorce. Plenty of Americans go through the process each year of dissolving their marriages, splitting their assets and making custodial arrangements for their children. While every divorce situation is unique, separating spouses should…
Read MoreFinancial Steps to Take Before a Divorce
Wise moves to make before things are finalized. Before your divorce goes through, it will be wise to check up on financial matters. It will be better to assess the state of your financial life before the split rather than after. You need to know where you stand financially; beyond your salary and bank accounts. …
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