Finances

How happy couples handle money, according to marriage and money experts

January 4, 2020
Finances, Quoted In The Media

Divorce isn’t the happiest way to start the new year, but January is a common time for couples to split: It’s unofficially been dubbed “Divorce Month” in the legal community because of an uptick in divorce filings following the holidays, according to a 2016 study from the University of… Read More

Would you get divorced to save money?

December 10, 2019
Divorce, Finances, Published Article, Taxes

There are plenty of reasons couples get divorced (these money mistakes are a common cause). But what if you could get divorced to save money? by Hanna Horvath Nov. 26,… Read More

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

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