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Wealth Protection Management Articles

Wealth Protection Management Articles

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Articles & Blog

Is A Divorce Tsunami Coming?

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.

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Articles & Blog

Yes, Divorces Can Cost a Lot, But There Are Ways to Save

We don’t have to tell you that divorce can be a painful, emotional process, exacerbated by drawn out, expensive legal proceedings. You’ve seen Marriage Story. There’s a reason why Laura Dern’s character (she played a divorce attorney) was so well-heeled. And yes, even in the best case scenarios, if both parties agree to all the terms, divorce can still take a toll on your savings. How much it costs to get a divorce varies pretty wildly due to individual circumstances like the state you live in, if you’re splitting up amicably, or working through a toxic relationship, and whether there are kids involved. Still, it can be helpful to know general price ranges and the major factors that affect the cost of divorce if you’ve found yourself in need of one.

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How happy couples handle money

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 Washington.

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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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