Gray divorce has a disproportionate financial impact on many soon-to-be retirees since the division of assets happens closer in time, or during retirement.
Breaking up is hard to do and you face many multi-dimensional issues – emotional, legal and financial. How can you focus your energies to maximize your divorce outcome? Make your financial concerns, challenges and priorities the essential core of your divorce.
Financial infidelity is the act being secretive about of spending money, holding stashes of money or secret accounts, possessing undisclosed credit cards, borrowing sums of money, or otherwise spending money or incurring financial debt without your spouse’s knowledge.
According to research, March is the most popular month to file for divorce, maybe because couples want to get past the holidays and taxes (or maybe it’s just “March madness.”) This past March, however, we also began dealing with the Covid-19 pandemic and self-quarantining. Most families have had to endure financial hardship, childcare issues and the inability to live life outside their homes.
Lindsay Mott | April 10, 2020
Forced to downsize to a single income after a major pay cut? Here are five things to do to re-establish financial security in your household.
As the CEO of DivorceForce, I have spoken to hundreds of people who have gone through the divorce process. I’ve reviewed thousands of posts on our social channels detailing experiences people have had with their own professional divorce teams—matrimonial lawyers, financial advisors, accountants, realtors, mortgage lenders, and mental health coaches—and I’ve been shocked to learn just how many feel they’ve made mistakes.