Money woes after a divorce. Take these steps to get a plan in place
If you’re divorced, you don’t need to be told that your financial life has changed. However, one key indicator — how willing
Don’t let money woes silence you after a divorce
If you’re divorced, you don’t need to be told that your financial life has changed.
Older women returning to work, rebuilding savings
Paul Davidson USA Today, Published 5:00 a.m. ET March 25, 2019 Erica Hernandez was a stay-at-home mom through two recessions that depleted her
Strategies For Protecting Threatened Wealth
How to advise older clients divorcing on the cusp of retirement February 28, 2019by Lili A. Vasileff, CFP, MAFF, CDFAMs. Vasileff is a fee
Leaving All Financial Decisions to One Spouse Is Asking for Trouble
While it’s common for one partner to handle most money decisions in a marriage, it’s important for planners to make sure to listen to both.
Remarried after kids – avoid accidentally disinheriting them
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 disinherited.
“A conversation about estate planning is absolutely critical in remarriages,” said certified financial planner Lili Vasileff, founder and president of Divorce and Money Matters in Greenwich, Connecticut.“It’s emotional and hard to talk about, but the last thing you want to do is leave adult kids with a disaster.”
Half of widows see their income drop by 50%
When your spouse passes away, you don’t have to struggle financially Julie HalpertNovember 26, 2018considerable.com In March 2013, Ginny McKinney and her husband,
Widows see their income drop by 50% – don’t be one of them
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, but then it keeps going deeper and deeper,” Ginny says.
And in Ginny’s case, the emotional challenges were compounded by financial setbacks.