Posts Tagged ‘Money’
Divorce 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 MoreSocial Security Considerations After Divorce
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…
Read MoreThese are the biggest money surprises when you get divorced
Don’t be the ex-spouse who never saw these coming If you’re heading towards Splitsville, you’re likely steeling yourself for some financial downsides. You may be budgeting for less income, a solo payment on a car or utility bills, and of course, legal fees. Unfortunately, chances are that more financial downsides await you—and worse, they’re probably…
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