Finances

Hungerford — Divorce Rates: Lower overall, but much higher for older couples

September 12, 2019
Divorce, Finances, Quoted In The Media

Sept. 7, 2019 Unbelievable! Divorce rates are down 40% from 1992 when there were 4.8 divorces for every 1,000 Americans. By 2017, that rate was only 2.9. However, divorce rates for older Americans have… Read More

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

August 9, 2019
Divorce, Finances, Gray Divorce, Published Article, Quoted In The Media

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… Read More

DIVORCE BY DECADE

June 27, 2019
Divorce, Finances, Published Article

https://www.worthy.com/blog/third-act/finance/top-money-tips-for-older-women/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… Read More

Protecting Yourself Financially during Divorce

April 28, 2019
Divorce, Finances, Gray Divorce, Published Article

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

Remarried after having kids? Here are tips to avoid accidentally disinheriting them

January 17, 2019
Finances, Quoted In The Media, Wealth

If you've tied the knot again and hope to pass on assets to your kids from a previous marriage, don't overlook the importance of planning for when you pass away.Many people lack even a basic will and the stakes can be higher if you do no estate planning when you remarry. As a result, your children could unintentionally be… Read More

Half of widows see their income drop by 50%. Don’t be one of them

December 20, 2018
Divorce, Finances, Gray Divorce, Household Documents, Interview, Women

In March 2013, Ginny McKinney and her husband, Dan, were shopping for a camper to pursue their dream of traveling to great golf courses around the country. Then Dan died of a heart attack. He was 62 years old and she was 59.“It was devastating. Grief is like an onion. You have the initial shock of the loss itself,… Read More

Is Divorce Becoming a Tax Strategy Game?

December 15, 2018
Divorce, Finances, Taxes

As professionals, we must consider how to address the ripple effect of the repeal of the alimony tax deduction and other uncertainties in the new tax law. Divorce has become a tax strategy game with no clear direction.Many couples who are racing to divorce in 2018 may be surprised to learn that even though the tax character of alimony… Read More

Secret Santa: Many people don’t know what their spouse spends on holiday shopping

December 4, 2018
Finances, Interview, Women

For many consumers, the real magic of the holiday season is the sleight of hand it takes to hide overspending from their spouse.Almost half of Americans say their spouses or significant others do not know how much they spend during the holiday season, according to a new survey of 1,000 U.S. adults from SwagBucks.com… Read More

A Money Smart Divorce

November 1, 2018
Divorce, Finances, Gray Divorce, Quoted In The Media

December is expected to be a busy month for the nation's divorce courts. The tax overhaul enacted late last year eliminated the deduction for alimony, but unlike most provisions in the law, this one doesn't take effect until 2019.As of January 1, the IRS will treat alimony payments in the same manner as it treats child support, which isn't… Read More

This is why baby boomers are divorcing at a stunning rate

October 24, 2018
Divorce, Finances, Gray Divorce

Looking ahead to the next phase of life can seem pretty dreadful if you can’t stand the person who you’ll be spending it with.That may be what some boomers are facing. Among U.S. adults ages 50 and older, the divorce rate has roughly doubled since the 1990s, according to a Pew Research Center report. Statistically speaking we’re healthier and… Read More

Wealth Protection Management Articles

Finances

Hungerford — Divorce Rates: Lower overall, but much higher for older couples

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

DIVORCE BY DECADE

Protecting Yourself Financially during Divorce

Remarried after having kids? Here are tips to avoid accidentally disinheriting them

Half of widows see their income drop by 50%. Don’t be one of them

Is Divorce Becoming a Tax Strategy Game?

Secret Santa: Many people don’t know what their spouse spends on holiday shopping

A Money Smart Divorce

This is why baby boomers are divorcing at a stunning rate

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