I HAVE BEEN PRACTICING AS
a financial advisor in divorce for more than 25 years, and in the last 10 years the divorce rate in the U.S. for adults over the age of 50 has doubled. This sharp increase in breakup rates is in first-time, long-term marriages of more than 20 years. My parents' generation had an estimated divorce… Read More
Lili is interviewed on the Trevor & Jill Show about how to prepare for divorce.
[vid site="youtube" id="47nf77bKbBk" mw="maxwidth640" align="left"… Read More
If you're divorced, you don't need to be told that your financial life has changed.
However, one key indicator — how willing you are to talk to family about money — shows just how much your finances and relationships can be upended.
Results from the CNBC Invest in You and Acorns Savings Survey show that 56 percent of divorced Americans said… Read More
Every 10 seconds a Boomer turns 60 years old. Gray divorce is what many boomers face. Among U.S. adults over age 50, the divorce rate has doubled since 1994. Contrary to expectations, long term marriages are not immune to divorce and the largest increase (55%) is in first time marriages of over 20 years. With transition and the uncertainty… Read More
While it's common for one partner to handle most money decisions in a marriage, it's important for planners to make sure to listen to both.
It's not uncommon for couples to split up their household duties, with the more money-savvy partner handling the finances. But financial planners say cases where one spouse completely dominates discussions about money and investments while… Read More