Wealth Protection Management Articles

Wealth Protection Management Articles

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Articles & Blog

Divorce: How to stay financially secure when you’re splitting up

Getting divorced is an emotional roller-coaster. It also can be a real threat to your personal finances.

If you don’t approach your settlement with a clear head and an accurate accounting of your finances, you may find that you can’t afford your new life alone or, just as bad, you could jeopardize the retirement you’re envisioning for yourself in the future.

For those splitting up in their later years or for spouses who worked at home for most of their lives, the financial ramifications can be even worse.

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The key things to focus on in divorce, by the decade

Love aside, the impact of divorce in your 20s and 30s is quite a bit different than in your 40s and 50s.

Divorce by the decade seems like an odd way to call the shots to identify the risks for a marriage. For years, it seemed like the longer you were married or the longer you waited to get married, the better.

Most people believe that the relationship between age at marriage and divorce risk was almost linear: the older you were, the lower the chances of divorce. Curiously, not only are these basic assumptions mistaken, but also the premise that all divorces face mostly the same financial issues.

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Articles & Blog

DIVORCE BY DECADE

Divorce by the decade seems like an odd way to call the shots to identify the risks for a marriage. For years, it seemed like the longer you were married or the longer you waited to get married, the better. Most people believe that the relationship between age at marriage and divorce risk was almost linear: the older you were, the lower the chances of divorce. Curiously, not only are these basic assumptions mistaken, but also the premise that all divorces face mostly the same financial issues. Granted there are three financial topics potentially relevant to every divorce: support, custody, and property division. The factors of each vary considerably by your age and should influence what’s most important to you.

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Articles & Blog

Dirty John Podcast

“Dirty John: Narcissism & Control Over Money in Romantic Relationships with Divorce Financial Expert, Lili Vasileff” on Breaking Free: A Modern Divorce Podcast #142

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