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Why baby boomers are divorcing at a stunning rate
Lili Vasileff is quoted in a recent article by Angela Moore for Market Watch on why older couples are deciding to divorce in record numbers. Lili says, “What’s pushing gray divorce is people are living longer and they feel more entitled to living fully. They’ve contributed to raising children, they want an emotional journey, it’s their time now. They may have decades ahead and don’t want to be unhappy anymore.”
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Necessary Conversations About Divorces
Listen to Mandy Walker interview Lili on Blog Talk Radio Nobody likes to talk about their debts and it’s often the hardest part of negotiations
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A Conversation About Divorce | Wealth Protection Management
Nobody likes to talk about their debts and it’s often the hardest part of negotiations in divorce.
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How to avoid mistakes dividing up 401(k) assets in divorce
Divorcing couples can face enough agony as it is dividing up possessions and agreeing on custody of children, let alone splitting retirement assets.
Yet that nest egg often represents a divorcing couple\’s largest pot of money. And if the process for the division of those assets is not done properly, there can be a steep price to pay in taxes, penalties or an unintended amount of money going to an ex-spouse.
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Avoid these mistakes dividing up 401(k) assets in divorce
Divorcing couples can face enough agony as it is dividing up possessions and agreeing on custody of children, let alone splitting retirement assets.
Yet that nest egg often represents a divorcing couple\’s largest pot of money. And if the process for the division of those assets is not done properly, there can be a steep price to pay in taxes, penalties or an unintended amount of money going to an ex-spouse.
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Your Money: Older couples ponder financial impact of divorce
Lili Vasileff is quoted in a recent article by Beth Pinsker for Reuters Money on how older couples approach the financial aspects of divorce. Lili says, “Some couples are now putting together ‘post-nuptial’ agreements when they physically separate, just so there are rules for financial arrangements to cover things like disposable income and debts.”
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Married, so should you have your own slush fund?
In this article by Jean Chatzky for Fortune.com, Lili Vasileff contributes to the discussion of recent research that finds many more men than women have bank accounts or credit cards that their spouse or live-in partner don’t know about. Should a married woman have a slush fund…a stash of cash that her spouse doesn’t have access to and maybe doesn’t even know about?