Not Just on Saturday Anymore
After your divorce, your credit score can go a long way toward making your transition a little easier or a lot more difficult. Your credit score will come into play if you want to refinance your home to get your ex-husband off the mortgage or if you want to rent an apartment after you’ve moved …
How to Improve Your Credit Score Before a Divorce and Why It’s Important Read More »
Taxes!! (Anyone hear the Jaws theme suddenly start playing in the background?) If you are either in the process of getting divorced or got divorced last year, then you may be facing a totally different tax situation than you are used to. Take care! You don’t want to accidentally lose out on some big new deductions you weren’t …
Five Things You Need to Know About Filing Your Taxes After a Divorce Read More »
QUESTION My husband and I bought an aging farmhouse in rural Ohio at the top of the market. Almost ten years later, housing prices in our area still haven’t bounced back up. We’re underwater, and there are big repairs we could never afford to make, which will make it even harder to sell. There’s no …
What If We Can’t Sell Our House After a Divorce? Read More »
If you want to keep your house after your divorce, you are taking on a big financial challenge! If you are like most Americans, your mortgage represents your largest monthly expense, and now instead of splitting it between two incomes, you’ll have to find a way to shoulder it all on your own. Still, many …
How to Get the House in Your Name After a Divorce Read More »
You have an emotional connection to your home, especially if you have lived there for many years and raised a family within its walls. If you are considering a later-life divorce, you likely won’t have to deal with the difficulty of child custody negotiations. Instead, ownership of the home might be the biggest question you …
Should You Keep the House If You Divorce After 60? Read More »
When Amber walked down the aisle eight years ago, she thought she was going to spend the rest of her life with Marcus. After their second child came along four years ago, they decided that Amber should leave her job as a product manager to take care of the children full time while Marcus continued …
Are You Eligible for Spousal Support (Alimony) After Your Divorce? Read More »
Divorce can shake you to your very foundations. Everything changes, and many people want to cling to the house as the only stability they find in a shifting world.
Whether keeping the house is your best option depends on many different factors. Here are what you need to consider in making that important decision.
The Process of Dividing Marital Property Determining how to split your shared assets in a divorce can be tricky. Our possessions hold emotional value as well as market value. If you and your spouse can’t find agreement on how to divide property in a divorce, you could end up draining your funds by fighting for …
Divorce can be financially devastating divorce for women. Despite our continued push to raise the glass ceiling, the truth is that men are far more likely to be the main breadwinners of the family and that women are more likely to leave the workforce to care for children or the home. This leaves women at …
Five Ways Your Family Can Help You Save Money After Your Divorce Read More »
There are huge Social Security benefits women can receive if they were married to their husbands for at least ten years before their divorce. When you reach retirement age, you are eligible to receive benefits equivalent to 50% of your ex-husband’s Social Security benefits if that amount is greater than what you would otherwise receive. …
Understanding Social Security Survivor Benefits After Divorce Read More »
My husband was downsized from his job six years ago. We’d been paying an arm and a leg for childcare for our two young children, so we made the decision that he would stay home and care for them full time. In the meantime, my career took off. That was great for our bank accounts, …
Do Women Have to Pay Child Support to Their Husbands? Read More »
When you sit down across the negotiating table with your spouse, the two of you need to figure out a fair and equitable way to divide your assets. Easier said than done! You’ll both have to process a lot of difficult emotions, and you’ll probably have a lot of questions too. Like, how do you …
Divorce Asset Division: Keep It, Divide It, or Sell It? Read More »
Your “I do” has turned into “I don’t.” When you walked down the aisle, you envisioned a life of permanent marital bliss, but reality has not been so kind. It is now time to end your marriage. You want a divorce, but how do you go about actually preparing for this huge life change? In …
The sweeping tax bill signed by President Trump in December 2017 includes major changes that are sure to affect every American when tax day arrives. For those considering a divorce, one provision in particular could mean thousands of dollars saved or lost each year. The Alimony Reversal According to the Census Bureau, roughly 243,000 people …
Divorce is an uphill battle, fought in language you don’t understand, using money you can’t spare, for a prize that’s only half of what you had before. What can you do to make sure your newly-overhauled financial ship doesn’t sink?
Sound financial advice during your divorce can help ensure a fair settlement that will help you get off to the best possible start in your new life. These are the financial professionals whose help you might benefit from in your divorce.
Nearly a million couples divorce each year in the U.S. and in the process, face some of the most important economic decisions of their lives. You may benefit greatly from the services of a financial professional trained to help you choose the best options for your future well-being—the Certified Divorce Financial Analyst.
You’ve decided to seek the assistance of a financial professional to help guide you in your divorce process. Someone with specific training and experience in divorce, a Certified Divorce Financial Analyst, comes highly recommended by a trustworthy friend.
How do you determine if they are the right match for you?
When couples divorce, mistrust abounds. One of the first things people think of when their spouse asks them for divorce is, he must have been stashing away money.
You know more about your financial situation than any stranger could, so before you hire a private eye to look for hidden funds, think carefully about your circumstances and how your spouse could have squirreled money away.
Many divorces these days are nasty, brutish, and all too long, not to mention damned expensive. With the average cost of divorce in the United States approaching $20,000 it is daunting to think about dissolving your marriage. Fortunately there are things you can do to save money on divorce, even if you are working with an attorney.
The former spouse of an employee who is getting retirement or disability benefits is entitled to a benefit on his record if she is at least 62 years old and they had been married for at least ten years before the divorce.