How Financial Infidelity Can Affect Your Gray Divorce – Number 4 in the series on Gray Divorce
“Gray divorce” refers to couples 50 and older. To provide crucial financial information to gray divorce couples and their families
Over 10 years 43 percent of first marriages can fail – postnups
While couples might sign a prenuptial agreement before they’re married and a “post-nup” after, it’s more than just the timing that differentiates these arrangements, experts say
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.
By Lili Vasileff The issue of child support should revolve around what is best for the child. Child support belongs to a child. It
Build Your Divorce Dream Team: Divorce financial expertise is key!
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.
Would you get divorced to save money?
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, 2019
Financial Infidelity – How To Protect Yourself?
It doesn’t matter if you are single and beginning a relationship, if you are in a long-term relationship, or if you are negotiating the breakup of a marriage–people often overlook the warning signals for the ways in which they might be taken advantage of financially.
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.
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 linear: the older you were, the lower the chances of divorce. Curiously, not only are these basic assumptions mistaken, but also the premise that all divorces face mostly the same financial issues. Granted there are three financial topics potentially relevant to every divorce: support, custody, and property division. The factors of each vary considerably by your age and should influence what’s most important to you.
Protecting Yourself Financially during Divorce
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.
